New Release | WFM UK: New Tax Year 2026/2027, BIK Module (Payrolling Benefits), HR Data Imports - Linked Pay Rates at Job Title | 16 Mar 2026

What’s New?

• New Tax Year 2026/2027
  This release delivers our annual Year-End and New Tax Year updates, ensuring the system remains fully compliant for the upcoming tax year. It includes all required statutory changes, alongside updates to support the completion of the previous year, including revised P60 outputs and associated year-end processing requirements
  • Find out more here - WFM UK | Payroll UK: New Tax Year 2026/2027
     

• Benefits in Kind Module (Payrolling Benefits)
  We are pleased to announce the launch of our new Benefits in Kind (BIK) module, available from April 2026. This module enables compliant payrolling of taxable benefits in line with UK Government requirements, supporting the accurate calculation, application and reporting of benefit cash equivalents through payroll in real time

  Designed to align with evolving legislation and upcoming mandatory payrolling reforms, the BIK Module enhances visibility, reduces reliance on year-end P11D processes, and ensures statutory rates and thresholds for 2026/2027 are applied correctly
  
  Please Note: All customers, even those not using the BIK module, will see a new column appear on the "Basic" payroll preview called "NPT" (Notional Payment for Tax)

  • Find out more here - WFM UK | Payroll UK: BIK Module (Benefits in Kind) - User Guides
     
• HR Data Imports - Linked Pay Rates at Job Title
  This release delivers another addition to the HR module's Data Imports functionality. Users can now upload Linked Rates of Pay directly to a Job Title, allowing for the updating of linked pay rates for more than one Job Title at a time.
  • Find out more here - WFM UK: HR: Data Imports in the HR Module

Release date: 16th March 2026