Salary sacrifice is accepted by HMRC as a legitimate way to reduce tax and NI. However, some employers aren’t meeting the conditions for the schemes to be tax effective. What steps are needed to
ensure that your scheme works?
Published 18.02.2014
HMRC has changed its view on how you work out the taxable amount where an employee sacrifices pay for a company car. As an employer what do you need to know?
Published 27.11.2017
In 2017 HMRC clamped down on the use of salary sacrifice (optional remuneration) arrangements which offer perks instead of salary as a way of reducing tax and NI. Is it still possible to obtain tax
and NI savings using similar arrangements?
Published 30.06.2021
One of your employees has asked if she can give up some of her salary for extra holiday. You’re aware that there are special tax and NI rules for sacrificing pay for benefits. How do they apply in
this situation?
Published 13.11.2018
The EU Advocate General recently gave his decision on whether employers are liable to account for VAT on supplies they make to their employees. It could cost UK employers an estimated £100 million a
year. What’s the full story?
Published 26.05.2010
Existing salary sacrifice schemes have been given a stay of execution from the new anti-avoidance rules. However, events might trigger them sooner. As an employer what steps can you take to prevent
this?
Published 20.02.2017
Salary sacrifice schemes designed to save tax and NI have become very popular. But according to the Taxman in many cases the conditions for them to be effective haven’t been met. Now he’s on the hunt
for those concerned...
Published 20.01.2010
If you want to make a donation to a charity and you’re a company owner, you could pay it personally or from your business. How do these methods differ and is one more tax efficient than the other?
Published 16.04.2015
Our subscriber’s company is involved in a project to help a local charity. It’s doing the work for free but will incur costs for materials and the services of employees who will be paid as usual.
Will these expenses be tax deductible?
Published 03.05.2018
You’ll soon need to prepare Forms P11D for 2018/19. Like many employers this might be the first time you need to include benefits provided to employees through salary sacrifice arrangements. What do
you need to know?
Published 01.05.2019