Accounting Journal

Accounting Journal

Reporting 2024/25 benefits and expenses

Asif Patel's avatar
Asif Patel
May 30, 2025
∙ Paid

Employers who provided taxable benefits and expenses to employees in the 2024/25 tax year need to meet compliance obligations in respect of those benefits. The obligations will vary depending on whether the benefits and expenses have been payrolled or not or included in a PAYE Settlement Agreement (PSA).

Payrolled benefits

Where an employer payrolled bene…

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