What salary sacrifice benefits are available?

Posted by Aimee Radcliffe on 04-Apr-2017 11:37:00

Salary sacrifice schemes are a way of providing employee benefits by giving employees the option of handing over part of their gross salary in return for whatever the benefit may be. The advantage is that employee salaries are only taxed subsequent to making the sacrifice, therefore saving the employee money. Employers save as well, by not paying Secondary Class 1 National Insurance contributions on the sacrificed portions of staff salaries.

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Topics: employee benefits, salary sacrifice