Tag Archives: Salary Sacrifice

employment tribunal

What do the salary sacrifice changes mean for group protection?

From 6 April 2017 the government removed the income tax and National Insurance contribution advantages of some salary sacrifice benefits. This has affected flexible and voluntary benefit schemes where employees…

The Employee Benefit changes ahead:

On Thursday the UK begins the 2017/18 tax year. Such a milestone always presents changes to the minutiae of the tax code, and this year also brings with it a number of more major…

Salary Sacrifice: When will the changes bite?

By now we would hope that most employers are aware of the announced changes to Employee Benefits provided through the mechanism known as Salary Sacrifice.  Yet we think that far fewer will be…

Autumn Budget Statement (1): Salary Sacrifice

Philip Hammond has just concluded his first* Autumn Budget Statement. We will be reviewing the statements made around Employee Benefits in more detail over the next few weeks, but for…

Salary Sacrifice and the Budget Statement…

The UK business community will be watching the 2016 Autumn Budget Statement with a great deal of interest.  It always does of course, but this year is especially important given…

Salary Sacrifice in the crosshairs

Recently there has been much speculation that the government was concerned about – and intended to change – the rules that allow many employee benefits to be provided via a…

2016 March Budget (3): Salary Sacrifice

Although not specifically mentioned in the Chancellors Budget speech, the supporting document does include this text: “Salary sacrifice arrangements enable employees to give up salary in return for benefits-in-kind that…

Childcare

Childcare Vouchers EAT decision

As I have stated many times on this blog, the cost of childcare is a major barrier to work for many parents.  And this in turn has implications for employers also. …

An important reminder…

I would like to think that all followers of this blog are now fully aware of – and conversant with – the new National Living Wage (NLW) requirements which come…

retirement support

Only 9% of employers have reviewed Salary Sacrifice usage against new National Living Wage requirements

With the introduction of the National Living Wage less than three months away, a survey by Jelf Employee Benefits highlights that many employers need to take urgent action to ensure…