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.
From 6Â April, employers will need to make a number of changes to their salary-sacrifice schemes. Lynda Finan and Nick...
Significant employment law changes are anticipated for 2017, amid the ongoing uncertainty resulting from the Brexit referendum.
Large compliance projects...
A new minimum wage of £7.20 per hour will be introduced next April for all working people aged 25 and...
Research by XpertHR found that the most popular way of flexing the benefits package is to offer benefits on a salary-sacrifice basis.
Retail vouchers, experience days, cycle-to-work schemes, iPads, free gym membership. The benefits market has devised numerous new perks in recent...
On 1 January 2012, new rules on the VAT treatment of certain benefits provided under salary-sacrifice schemes will come into...
Incentivising staff in these challenging economic times is more important than ever as employers look to increase productivity and get...
The number of working parents in the UK is on the rise. Figures from the Office for National Statistics show that...
Pay trends for the past year varied widely by sector, with manufacturing seeing median pay rises above that for the...
The number of employees donating to charity through their employer’s payroll scheme has risen by more than 150% over the past...
Giving employees a company car allowance instead of a car can help employers avoid company car tax. A company car...
The reduced company car tax on low-emission cars has suddenly made salary sacrifice attractive for both employers and employees.Company car...
Employers are being urged to review their salary-sacrifice retail voucher arrangements following a European Court of Justice (ECJ) ruling that VAT...
This article is part of a Personnel Today Buyers’ Guide, a free, independent resource for employers thinking of implementing a...
Employers are facing up to far higher childcare voucher costs than they anticipated, but lack of government clarification means confusion...
