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Posted Mon, 11 Mar 2024 13:49:27 GMT by jv1000
Hi I’d like some clarification for calculating adjusted net income, where BIK is payrolled (e.g. private medical insurance) and taxed at source (no P11D is due). So for the purpose of adjusted net income, I am of the understanding that as these are payrolled, I do not calculate the BIK as taxable income. Is this correct?
Posted Mon, 18 Mar 2024 11:56:48 GMT by HMRC Admin 19

As payrolled benefits in kind would already have been factored into your income, these would not be added to your overall taxable income.

Thank you.

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