The consultation 'Putting benefits in kind and expense payments through the payroll and removing the £8,500 threshold' ended on 17 March.
Although the consultation predominantly focused on the administrative benefits of putting benefits in kind and expense payments through the payroll, HMRC also sought views on the impact of the £8,500 threshold, above which tax is payable on benefits in kind.
The responses to the consultation indicate that the removal of the £8,500 threshold would have an adverse impact on low paid employees and possibly the voluntary sector. The Government has therefore confirmed that it will retain the £8,500 threshold.