Benefit-in-kind (or BIK) is a tax on employees who receive benefits or perks on top of their salary. If you have a company car for private use, you will have to pay a BIK contribution, or company ...

Benefit-in-Kind (BiK) tax rise From April 6, Benefit-in-Kind (BiK) tax will rise for electric vehicles from 2% to 3% and continue to rise to 9% by 2029/30. You pay BiK tax on benefits or perks ...

Your employer gives you benefits, whether they are in kind or money? They are part of your remuneration. So they're taxable and you have to report them. We'll tell you what you need to know.

Benefit in kind related to the P11D value of the car and the driver is liable to pay tax on a percentage of the P11D dependant on the co2 emissions of the car. Benefit in kind tax is designed to ...

The Social Security Administration (SSA) has implemented a significant change that will benefit many recipients of the ...

Double cab pick-ups will be treated as company cars from April 6 under major benefit-in-kind (BiK) tweaks. This means motorists will likely pay more to run a petrol or diesel double cab pick-up ...

Goods and services provided to households, based on social security legislation. These are mainly financed by premiums, and seen as government consumption rather than income transfers.

The Legality of Rent Reductions as Benefits in Kind: Are They Taxable and How to Declare Them? Rent reductions provided by ...

Goods and services provided to households, based on social security legislation. These are financed by general taxes, and seen as government consumption rather than income transfers (e.g. individual ...

Having early conversations with payroll providers and software suppliers will help HR teams get ahead of the curve, says Tusker's Cheryl Clements Payrolling benefits-in-kind (BIKs) will become ...