HMRC Outlines Additional Benefits in Kind Fields for Full Payment Submission Returns

HMRC has published guidance detailing the extra benefits in kind fields that employers should expect to report on Full Payment Submission returns. The information specifies which BiK data points are likely to be required for FPS reporting purposes. This guidance helps employers and payroll practitioners prepare their systems and processes to capture and submit the necessary benefits in kind information alongside their regular payroll submissions.

Source: HMRC (GOV.UK) – Read the original