It is also confirming plans to mandate the reporting of benefits in kind via payroll software from April 2026, which the government thinks could bring in £35mn in each of the four tax years from 2026-202 through to 2029-30.
Lastly, it is ending the contrived car ownership scheme from April 6 2026, making sure that loopholes in existing employee car ownership schemes can no longer be used to circumvent company car tax.
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