National benefits in kind statistics for last ten years
16 July 2014
HMRC statisticians have published what they call a “time series” of national benefit in kind totals for each of the past ten years. This gives movements in the numbers of employees receiving certain types of benefit, as well as showing shifts in the total taxable values and tax liabilities.
The report shows some interesting, and perhaps unexpected, trends. For example while the taxable values and liabilities in respect of company cars have gone down in the ten year period the tables show quite significant rises in the values of medical benefits and beneficial loans. The numbers are stated to be provisional, and one obvious gap which may perhaps be filled at a later date is the number of employers providing each type of benefit. We have the employee numbers, but not yet those for employers.