The government has already stated that they will comment on the responses to the employee benefit consultations in the Autumn Statement. The proposals were originally highlighted in A&B and are:
- The abolition of the £8,500 threshold;
- Introducing a statutory exemption for trivial benefits in kind;
- Replacing the current system of dispensations for reporting non-taxable expenses with an exemption;
- introducing a system of voluntary payrolling for benefits in kind.
ACCA UK will be producing comment and analysis shortly after the Statement.
