Aim of course
This course is designed to provide you with a clear and practical understanding of BIK and its implications for both employers and employees in Ireland. It will explore how BIK is taxed under Irish Revenue rules, how it should be reported through the PAYE system, and strategies to manage it effectively while ensuring compliance. 
 
Who should attend?
Whether you work in HR, payroll, finance, or management, this course will equip you with the knowledge to navigate BIK complexities, avoid costly errors, and implement best practices within your organisation. 
 
Benefits of attending
You will have unlimited access to online resource platform which includes recordings and additional resources for 1 year.
 
Syllabus
Understanding Benefit in Kind (BIK)
Definition of BIK and why it matters
Taxation of BIK - How BIK is valued for tax purposes
Processing BIK and submitting to Revenue
Common types of BIK (Company cars & vans, medical insurance, loans, accommodation, professional subscriptions etc.)
BIK exemptions
Vouchers
Travel pass & cycle to work
PAYE Settlement Agreements (PSA)
Managing BIK Efficiently
Employee communication and transparency
What to expect from a BIK Audit 
Best practices in BIK administration
Penalties for non-compliance
Review of case studies and real-world scenarios
Group discussions on BIK challenges