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Posted Wed, 27 Nov 2024 10:50:12 GMT by Russell Jones
My company car bik is part of my paye calculation and is taken out from my monthly tax, do I still need to enter it on my self assessment I complete annually
Posted Mon, 02 Dec 2024 11:39:58 GMT by HMRC Admin 17 Response

Hi ,
 
If your employer adds your BIK to your gross wage, then you do not need to add your BIK to your Self Assessment return.

If your employer declares your BIK through a P11D, and you pay the tax due through an adjustment to your tax code, t
hen you DO need to add your BIK to your Self Assessment return - doing so insures the deduction to your code to pay the
tax due is reflected in your Self Assessment calcualtion.

Thank you .

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