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    Income tax - Employment income - Earnings - Regular payments - Scope - Value of remuneration - 26400

    If an employee accepts a reduction in pay in return for a benefit in kind, the unreduced pay will still be liable to tax. -Heaton v Bell [1969] For optional remuneration arrangements, including salary...

    OpRA transition rules not affected by virus

    OpRA transition rules not affected by virus..Salary sacrifice. In 6 April 2017 anti-avoidance rules were introduced to limit the tax and NI savings that employers and employees could...

    Are clients aware of the NMW rule changes?

    The national minimum wage increases went ahead as planned in April 2020. However, the new rates aren’t the only thing to have changed. What else do you need to make your clients aware...

    Salary sacrifice and minimum wage

    Salary sacrifice and minimum wage..Minimum wage. The government is cutting minimum wage red tape on salary sacrifice schemes. High profile cases, like Iceland’s Christmas savings club, saw...

    salary sacrifice policy

    Salary sacrifice policyIf you want to implement a salary sacrifice scheme in your company, make sure you insert the relevant policy in your staff handbook. Scheme particularsIncluding a Salary Sacrifice...

    salary sacrifice letter to employee

    Salary sacrifice letter to employeeWhere you enter into a salary sacrifice arrangement with an employee it will only be effective for tax and NI purposes where you have notified them of the consequences....

    Are you ready for salary sacrifice reporting?

    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....

    Less pay for more holiday - what’s the tax position?

    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...

    Can you pay your staff with gift vouchers?

    Employers often give vouchers as gifts to staff, but could they play a prominent and tax-efficient role in salary packages too?

    Salary sacrifice - the day of reckoning is nearly here

    Benefits in kind provided in 2017/18 as part of a salary sacrifice scheme need to be reported to HMRC by 6 July 2018. But how do the anti-avoidance rules introduced in 2017 affect the amount...