Skip to main content

beta This is a new service – your feedback will help us to improve it.

Does Benefits in Kind/Taxable benefits need to be included in Estimated Income?

Posted Sun, 21 Jan 2024 20:44:43 GMT by
Hello, Hoping this question makes sense. Should you include any benefits in kind/taxable benefits in your estimated income? E.g a medical insurance. HMRC are aware I'm receiving this as I called them at the beginning of the year and they changed my tax code to 1122L.
HMRC Admin 25 Response
Posted Fri, 26 Jan 2024 07:00:09 GMT by HMRC Admin 25 Response
Hi Mbeam,
No - if you're estimating PAYE income, only include the gross amount of your salary.
Thank you.
 

You must be signed in to post in this forum.