All Tax-efficient benefits articles – Page 13

  • North-Yorkshire-County-Council
    Case Studies

    North Yorkshire County Council offers green cars

    21 December 2015

    North Yorkshire County Council has offered its 18,000 members of staff a car salary sacrifice scheme since 2010, but over the years, it has been necessary for the council to adapt its offering to better suit its workforce.Since it was first introduced, the scheme has expanded to offer staff more ...

  • danone 430
    Case Studies

    Danone engages staff with company cars

    21 December 2015

    Danone uses communication to ensure its longstanding company car scheme remains relevant and valued by staff.In September 2015, Danone launched a salary sacrifice car scheme as a separate benefit, which is offered alongside its existing company car plan. Both schemes are provided by Leaseplan.The new scheme is available to all ...

  • Faircare_Bikes
    Article

    60% believe bikes-for-work schemes boost productivity

    9 December 2015

    Almost two-thirds (60%) of employee respondents believe that cycling to work improves their productivity, according to research by the Cycle to Work Alliance.The study, based on responses from 13,148 employees and 352 employers who participate in a bikes-for-work scheme provided by one of the four Cycle to Work Alliance members, ...

  • Supplier article

    Autumn Statement 2015: what you need to know

    1 December 2015

    The Autumn Statement was a late addition to the main announcement scheduled for 25 November; the outcome of the latest five year spending review covering £4,000bn of government expenditure. Although the planned reforms received little attention when announced back in July, they represented just over half of the £9.075bn additional ...

  • Car_salary_sacrifice
    Article

    Buyer's guide to car salary sacrifice schemes 2015

    1 December 2015

    Despite worries over the future of salary sacrifice arrangements after the Government announced it intended to monitor such arrangements in its July 2015 Budget, car salary sacrifice schemes remain a popular choice with businesses and their employees.A report from consultancy firm OC&C in 2014 predicted car salary sacrifice could account ...

  • Supplier article

    Autumn Budget Statement – a few things caught our eye

    30 November 2015

    As predicted, there was not too much of note for the world of Employee Benefits in the Autumn Statement on 25 November (which is something of a relief!) – but one point did catch our eye. The Chancellor said: “Over 5 million people have already been auto-enrolled into a pension ...

  • London - Big ben and houses of parliament, UK
    Article

    The Autumn Statement’s impact on employee benefits

    26 November 2015

    On 25 November, chancellor George Osborne delivered the 2015 Autumn Statement and Spending Review. Below is a summary of all the key announcements impacting employee benefits:Osborne announced that the next two phases of minimum pension contribution rate increases under auto-enrolment will be pushed back to coincide with the tax year.The ...

  • Pensions Bill passes second reading in House of Commons
    Article

    Government to call for evidence on employer-provided accommodation

    25 November 2015

    Autumn Statement 2015: The government has announced that it will publish a call for evidence on the tax treatment of employer-provided living accommodation.The announcement follows recommendations by the Office of Tax Simplification’s (OTS) report on simplifying the administration of employee benefits and expenses.The call was announced in the Autumn Statement ...

  • parliament
    Article

    Government to gather evidence on salary sacrifice

    25 November 2015

    Autumn Statement 2015: The government will continue to consider what action, if any, will be taken around salary sacrifice arrangements.It will gather further evidence, including from employers, to inform its approach to salary sacrifice arrangements.In the Spending review and autumn statement 2015 policy paper, the government expresses its concern at ...

  • Danwood offices outside-2015
    Article

    EXCLUSIVE: Danwood introduces holiday purchase scheme

    25 November 2015

    EXCLUSIVE: Danwood has introduced holiday buying as a benefit for its 1,140 employees.The printing services organisation is offering the benefit on a voluntary or salary sacrifice basis after its 2014 employee engagement survey revealed that 69% of its staff were interested in purchasing additional holiday. Staff can now purchase up ...

  • Tax-free employee loans
    Article

    Back to basics on tax-free employee loans

    17 November 2015

    Need to know:If employee loans do not go over £10,000 during the tax year, the employer has nothing to report in an annual tax return.A salary advance or loan to help an employee facing hardship counts as an employment-related loan.Writing off a loan should be treated as payment of taxable ...

  • Article

    58 per cent of teachers say they do not have employee benefits

    5 November 2015

    More than half (58%) of teacher respondents say that they do not have employee benefits, according to research by fleet management firm Tusker.Its survey of 330 teachers also found that just 9% of respondents are satisfied with their current employee benefits package.The research also found:41% of respondents name pay as ...

  • Article

    Tax-efficient benefits

    19 October 2015

    The latest analysis, news, case studies and opinion in relation to tax-efficient benefits, covering salary sacrifice/optional remuneration arrangements for benefits including cars; childcare vouchers; and bikes for work.

  • Danone-Office-2013
    Article

    Danone sees 82% engagement with car salary sacrifice

    9 October 2015

    EXCLUSIVE: Danone has reported a 82% engagement rate on emails communicating its new salary sacrifice car scheme, which was introduced in September.The organisation also saw 140 active users in the system and more than 50 quotes had been saved in the two weeks following the scheme’s launch.The new scheme aims ...

  • Analysis

    Fleet debate - 14: What are the key benefits of salary sacrifice car schemes for employers and staff?

    1 October 2015

    If you read nothing else, read this…Salary sacrifice arrangements offer tax advantages and enable both employers and staff to save on National Insurance contributions.Many schemes include insurance and maintenance benefits, reducing the costs associated with running a car.Car salary sacrifice schemes can equip employees with newer, greener and safer cars.Colin ...

  • Tesco
    Article

    Tesco staff to take part in Cycle to Work Day

    25 August 2015

    Tesco staff will be taking part in Cycle to Work Day on 3 September.The annual event aims to encourage workers to cycle their commute for just one day to boost active travel and healthier living.Around 500 organisations representing 800,000 employees, including Tesco’s 300,000 staff, will be encouraged to take part ...

  • Houses of Parliament
    Article

    How the Budget affects employee benefits

    1 July 2015

    Chancellor George Osborne, announced the Summer Budget yesterday (8 July).Below is a summary of all the key announcements impacting employee benefits:The government is to consult on a reformation of pensions tax relief by publishing a green paper shortly, setting out the various options. These choices range from fundamental reforms, for ...

  • Total pay-salary-2015
    Article

    Government to actively monitor salary sacrifice

    1 July 2015

    Summer Budget 2015: No immediate changes to salary sacrifice schemes were announced by Chancellor George Osborne during his Budget speech yesterday (8 July).However, in the Budget documents it is noted that the government will actively monitor salary sacrifice schemes and their impact on tax receipts.The documents state: ‘Salary sacrifice arrangements ...

  • EB and Alphabet Fleet reseach-digital edition-2015
    Article

    Employee Benefits/Alphabet Fleet research 2015

    1 July 2015

    The Employee Benefits/Alphabet Fleet research explores how company car schemes are operated among UK organisations and the attitudes of the employers that offer them. The research was carried out in May 2015.The majority of respondents (61%) work in organisations with more than 1,000 employees, across all industry sectors.21% provide a ...

  • Axa-Group-logo-2015
    Case Studies

    Axa includes a range of benefits for staff travel

    1 June 2015

    The insurer has a comprehensive company car policy, which offers all its employees the opportunity to have a company car, using three funding methods: employee car ownership, contract hire and a salary sacrifice arrangement.It also offers a number of other travel-related benefits such as a cash allowance towards the cost ...