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Salary sacrifice allows employees to agree to forego part of their salary in return for non-cash benefits such as childcare vouchers and pension contributions, which can enable tax and national insurance savings to be made. Salary sacrifice offers employees greater flexibility of choice as to how their remuneration package is shaped.
12 Mar 2020
PROMOTED Data is an inevitable result of the digital era. When you can track anything and everything, there’s an inherent opportunity within the resulting information...
11 Feb 2020
The government has abandoned its previously “pedantic” regime.
7 Feb 2019
An employment appeal tribunal has found that Middlesbrough FC did not breach minimum wage legislation after deducting the costs of...
4 Jan 2019
The business secretary is considering reforming national minimum wage rules to ensure employers are not penalised by the “complex” system,...
14 Mar 2018
Plans to scrap employer childcare voucher schemes have been delayed by six months after the Democratic Unionist Party intervened.
9 May 2017
Tax-free Childcare is the latest initiative from Government to support working parents, but it could see some worse off than...
10 Apr 2017
Are you up to date with all this month's employment law changes? We round the nine most important legislative...
31 Mar 2017
Changes to salary-sacrifice schemes announced in November’s Autumn Statement are likely to prove unpopular with employees. James Monks from RAM...
27 Mar 2017
From 6 April, employers will need to make a number of changes to their salary-sacrifice schemes. Lynda Finan and Nick...
7 Dec 2016
Significant employment law changes are anticipated for 2017, amid the ongoing uncertainty resulting from the Brexit referendum.
Large compliance projects...
8 Jul 2015
A new minimum wage of £7.20 per hour will be introduced next April for all working people aged 25 and...
21 Aug 2014
Research by XpertHR found that the most popular way of flexing the benefits package is to offer benefits on a salary-sacrifice basis.
3 Dec 2012
Retail vouchers, experience days, cycle-to-work schemes, iPads, free gym membership. The benefits market has devised numerous new perks in recent...
31 Dec 2011
On 1 January 2012, new rules on the VAT treatment of certain benefits provided under salary-sacrifice schemes will come into...