 The new exemption for trivial employer-provided benefits in kind (BIK) applies for income tax from 6 April 2016. This means no values need be entered on forms P11D and no liability to Class 1A NIC on trivial BIK’s given after 5 April 2016. BIK’s that are likely to be in scope as trivial could include…
Tag Archives: benefits in kind; trivial benefits in kind
 The new exemption for trivial employer-provided benefits in kind (BIK) applies for income tax from 6 April 2016. This means no values need be entered on forms P11D and no liability to Class 1A NIC on trivial BIK’s given after 5 April 2016. BIK’s that are likely to be in scope as trivial could include…
 The new exemption for trivial employer-provided benefits in kind (BIK) applies for income tax from 6 April 2016. This means no values need be entered on forms P11D and no liability to Class 1A NIC on trivial BIK’s given after 5 April 2016. BIK’s that are likely to be in scope as trivial could include…
