All Tax-efficient benefits articles – Page 18
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Analysis
Key considerations for salary sacrifice car schemes
If you read nothing else, read this…A car salary sacrifice policy may include an early termination fee to be paid by the employee.Employers can add a premium to cover any exit penalties.Employers are obliged to continue to offer the same level of benefits to staff on maternity or paternity leave.But ...
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Case Studies
North Yorkshire County Council boosts green credentials
The scheme, provided by Tusker, allows staff to take up a car through a salary sacrifice arrangement, enabling them to save on tax and national insurance.John Robinson, benefits and reward consultant at North Yorkshire County Council, says: “We introduced it as a green car scheme, partly due to the fact ...
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Case Studies
Axa supports staff with travel benefits
The organisation also offers staff a cash allowance towards the cost of a car for those that need it for work, as well on those at a particular employee grade in the organisation.As well as the car scheme, Axa offers staff a range of travel-related benefits, including bikes-for-work through its ...
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Opinion
Alastair Kendrick: Employers seek solutions to rising fuel costs
Some of the ideas that are being explored include permitting more home working with better IT capability, which enables employees working at home to Skype/video conference into meetings, removing the need for them travel to the office.Employers may also allow staff that do need to travel in to work to ...
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AnalysisKey components of a 2013 travel policy
If you read nothing else, read this…Low-emission cars are increasingly popular in employers’ schemes.Journey planning can help employees use the most cost-efficient routes for their journeys.Fewer employers offer new recruits a fuel benefit.Green agendaLow-emission cars are an increasingly common feature of employers’ travel policies as they strive to reduce their ...
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Article
HMRC is top government department for payroll giving
Almost 10,000 HM Revenue and Customs (HMRC) employees donate to charity through their payroll.The UK’s tax authority, which topped a government department table with 9,493 staff donating through a payroll-giving scheme, will be awarded with a Gold Payroll Giving Quality Mark.In July, HMRC published figures that showed payroll-giving donations from ...
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Article
Government to make changes to payroll giving
The government has published proposals that aim to make it easier for employers to encourage charitable donations using payroll-giving schemes.Following a consultation that was launched in January, the government is to almost halve the processing time for donations, from 60 to 35 days, which will allow charities to access the ...
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Article
Cycle to Work Day highlights benefits of commuting by bike
National Cycle to Work Day is being held today, 12 September.Launched by Cyclescheme and supported by British Cycling, Bicycle Association, Business in the Community and Sustrans, it aims to highlight the benefits of cycling as a means of transport and encourage more people to cycle, more often.Various events are being ...
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Article
The Body Shop staff complete charity bike ride
A team of employees from The Body Shop completed a 240-mile bike ride from London to Paris in just three days.The team of 23 employees left Croydon on 27 August and reached Portsmouth in the evening to take a ferry to France. They covered the remaining distance from Caen to ...
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Article
Grant Thornton launches salary sacrifice cars
EXCLUSIVE: Grant Thornton has launched a salary sacrifice car scheme for its 4,200 employees.The scheme, which was rolled out in August and is provided by SG Fleet, caps carbon emissions at 130g/km to promote its green focus.The professional services firm had previously offered a car leasing arrangement to staff, as ...
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Article
DOD’s blog: Why I’ll be on my bike on 12 September
I want as many other commuters as possible to discover the joys of cycling to work.Too often we hear only the horror stories. Sadly, these are extremely important cautions that need to be noted and learnt from by cyclists, drivers and city planners, all of whom are culpable in some ...
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AnalysisHow to green a flexible benefits scheme
If you read nothing else, read this …In October 2013, for the first time, UK quoted companies will have to report their greenhouse gas emissions in their annual accounts.Sustainable and green benefits include bikes-for-work schemes, low-emission company cars, environmental pension investments and opportunities to eco-volunteer.These perks, as part of a ...
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Case Studies
Withers aims to raise CSR profile with green benefits
When it launched its flexible benefits scheme in April 2013, it included a section called Ethics and Sustainability, which is the entry point into its payroll-giving, bikes-for-work and carbon-offsetting schemes.The carbon-offsetting benefit, provided by Pure the Clean Planet Trust, allows staff to enter the details of their carbon footprint online ...
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Article
Hill Dickinson launches salary sacrifice car scheme
Hill Dickinson has launched a salary sacrifice car scheme for around 1,000 eligible UK employees.The law firm’s scheme, which was launched in July and is provided by Zenith, has capped CO2 emissions at 140g/km, to encourage the selection of lower-emission cars and maximise employee savings.Eligible employees can also use Zenith’s ...
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Article
Tusker partners FMG to enhance car scheme
Tusker has partnered fleet optimisation organisation FMG to provide incident management services to employers that offer staff its salary sacrifice company car scheme.The contract will initially cover more than 6,000 cars from more than 110 private and public sector organisations.FMG will provide full incident and repair management services to support ...
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Article
Zenith adds salary sacrifice option to staff car scheme
Zenith has added a salary sacrifice arrangement to its company car scheme for its own employees.The fleet management provider’s Driven scheme is available to 180 eligible employees at its offices in Leeds. The cars available are from a range of manufacturers and have CO2 emissions capped at 130g/km.Employees can also ...
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ArticleBuyer's guide to salary sacrifice car schemes
The factsWhat is a salary sacrifice car scheme?This is a car scheme for which an employee forgoes a portion of their gross salary in exchange for a car, and receives tax and national insurance breaks.Where can employers get more information?www.employeebenefits.co.uk/benefits/company-cars-and-fleetwww.hmrc.gov.ukWho are the main providers?ALD Automotive, Alphabet, Fleet Evolution, Fleet Hire, ...
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Article
Payroll giving donations increase by £6m
Donations to charity directly from pay have risen by £6 million to £124 million since 2012, according to figures from HM Revenue and Customs.The figures also show that the number of staff using a payroll-giving scheme has reached a four-year high at 750,000.Meanwhile, average donations have risen by 40p per ...
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Article
Employers should do more around charity work
Just under half (43%) of respondents felt their employer should be doing more to help charities in their local community, according to research by fundraising platform Give as you Live.Its Donor survey, which questioned more than 1,000 UK workers, found that 52% of respondents said their organisation does not have ...
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Article
Your Housing Group launches salary sacrifice car scheme
Your Housing Group has introduced a salary sacrifice car scheme for all of its permanent employees.The tax-efficient scheme, provided by Lex Autolease, gives the social housing association’s employees the opportunity to add up to two additional drivers to the scheme.The monthly cost covers all normal running costs, such as insurance, ...