HMRC research and analysis: Non-taxable benefits in kind
Released 27 June 2019
HMRC have published a quantitative research report exploring the incidence and nature of non-taxable benefits in kind (BiKs) received by employees in the UK.
The findings of the report cover:
•the incidence of non-taxable benefits in kind amongst employees, including which BiKs are most prevalently offered and used;
•the levels of understanding among employees in relation to the taxable status of BiKs;
•the perceived financial value that employees placed on particular non-taxable BiKs;
•the extent to which non-taxable BiKs impacted employment decisions, for example feeding into discussions regarding employees’ pay package.
View the report at Non-taxable benefits in kind: survey of employees.