The government is to consult on four of the main simplifications outlined in the Office of Tax Simplification's (OTS) review of employee benefits and expenses, including the payrolling of P11Ds.
Company car tax rates will rise for vehicles emitting more than 75 grammes of carbon dioxide per kilometre (gCO2/km), Chancellor George Osborne has announced.
The government has confirmed that the existing employer-supported childcare scheme will be phased out once its new tax-free childcare package has been introduced next year.
Employers could be administering benefits through their payroll and eradicating up to 99% of P11Ds if a proposal by the Office of Tax Simplification (OTS) is implemented.
HM Revenue and Customs (HMRC) needs to take a more collaborative approach when dealing with employee benefits and expenses, the Office of Tax Simplification (OTS) says.