All Tax-efficient benefits articles – Page 19

  • Article

    Glasgow Climbing Centre introduces bike rides

    2013-02-19T12:29:00Z

    Glasgow Climbing Centre has introduced a weekly bike ride for all staff.The climbing centre, which employs eight full-time staff and 45 part-time staff, holds the bike ride every Wednesday afternoon.Rob Watts, centre manager at The Glasgow Climbing Centre, said: “By nature of what we do, the people I employ are ...

  • Article

    Wolverhampton NHS Trust launches salary sacrifice cars

    2013-02-01T00:00:00Z

    Royal Wolverhampton NHS Trust has launched a salary sacrifice car scheme for its 6,165 eligible employees.All permanently-contracted employees at the trust will be eligible to use the scheme, called SalarySacrifice4Cars.The scheme is run by Tusker and is the fleet provider’s 100th scheme.Tony Stanyard, head of procurement at Royal Wolverhampton NHS ...

  • Article

    Co-operative Flexible Benefits and Zenith partner on car product

    2013-02-01T00:00:00Z

    Co-operative Flexible Benefits and Zenith have partnered to launch a low-emission salary sacrifice car scheme.The Green Car Scheme will enable employers to offer employees access to Zenith’s quoting platform, which allows them to see personalised quotes on a range of cars and accessories, and place and track their order on-line.Debbie ...

  • Article

    Very few MPs use payroll giving

    2013-01-31T06:00:00Z

    Just nine out of 650 members of Parliament (MPs) currently donate to charity directly from their pay, up from four out of 646 in 2008.The information was gathered through a Freedom of Information request by Geared for Giving.Payroll giving, a scheme introduced in 1987, enables UK employees to donate to ...

  • Article

    Younger employees shun payroll giving

    2013-01-28T06:55:00Z

    The research also found that only 1.9% of under-30s in employment gave through payroll, compared with 4.5% of staff aged between 30 and 49, and 3.9% of those between the ages of 50 and 64.Chantell Mills, senior company relations manager at CAF, said: “The generation gap was pretty big. Older ...

  • Article

    Buyer's guide to bikes-for-work schemes 2013

    2013-01-28T00:00:00Z

    Britain’s cycling success in the 2012 Olympics and Paralympics and the Tour de France gave bikes-for work schemes a boost. They were already a popular incentive for various reasons, including improving employees’ health and helping to reduce traffic pollution.But one of the biggest draws is the tax breaks available when ...

  • Article

    Payroll-giving consultation launched

    2013-01-25T12:09:00Z

    The government has launched a consultation on proposals to reform payroll giving, including simplifying the scheme’s administration and making it easier for employees to give through their payroll.Payroll-giving schemes allow UK employees to donate to charity through their pay on a tax-free basis. Donations are deducted from gross pay, so ...

  • Article

    Inquiry looks for evidence to get Britain cycling

    2013-01-22T11:02:00Z

    The All Party Parliamentary Cycling Group (APPCG) will start taking verbal evidence for the Get Britain Cycling inquiry on 23 January.The inquiry aims to look at the barriers that are preventing more people cycling in the UK, where only 2% of journeys are made up of cycling compared to 27% ...

  • Article

    Fire Brigade raises money through bikes for work

    2013-01-17T12:12:00Z

    London Fire Brigade has raised £6,400 for The Fire Fighters Charity through its bikes-for-work scheme.Its provider Cycle Solutions made a donation to the charity based on the number of bikes ordered. Since the scheme was launched in July 2012, 900 bikes have been ordered.The scheme will be re-launched in February ...

  • Article

    Action needed to boost payroll giving

    2013-01-07T12:10:00Z

    Only 3% of UK employees donated to charity through payroll in 2011/12, according to research by the Charities Aid Foundation (CAF).The research, The journey so far … insights into 25 years of payroll giving, found that £118 million was donated via payroll by 735,000 employees.It also found that only 1.9% ...

  • Flight
    Analysis

    Salary sacrifice car schemes explained

    2013-01-02T00:00:00Z

    IF YOU READ NOTHING ELSE, READ THIS…Salary sacrifice company car schemes may not be suitable for every employer.The most common barrier to introducing a scheme is lack of understanding about cost and implementation.Employers should engage a qualified tax adviser to ensure deductions from salary are dealt with properly.Salary sacrifice company ...

  • Opinion

    Michael Rose: Getting more for less in benefits in 2013

    2012-12-03T00:00:00Z

    Getting more for less has been a growing theme in 2012, and one that I expect to continue in 2013. Organisations will look for tax-efficient, approved benefits arrangements that can deliver value at low or nil cost, such as salary sacrifice. That said, while there will be a growth in ...

  • Article

    Guidance to promote workplace fitness

    2012-11-28T12:05:00Z

    Employees should be encouraged to keep fit by incorporating walking and cycling into their everyday lives, according to the National Institute for Health and Clinical Excellence (Nice).The report, Walking and cycling: local measures to promote walking and cycling as forms of travel or recreation, puts forward guidance to help the ...

  • Article

    News International has 1,000 bike scheme members

    2012-11-26T11:27:00Z

    News International has signed up its 1,000th employee to its bikes-for-work scheme.Lars Gilry, a technical support engineer in the publisher’s printing division in Broxbourne, Hertfordshire, was awarded with a £100 gift voucher from Evans Cycles, the scheme’s provider.The Evans Cycles’ Ride2Work team visited Gilry’s workplace to present him with the ...

  • Article

    Fire authority to launch salary sacrifice car scheme

    2012-11-01T00:00:01Z

    Mid and West Wales Fire and Rescue Service will launch a salary sacrifice car scheme as part of its flexible benefits plan.The scheme allows eligible employees to exchange a portion of their salary in return for a new car package. It is focused on low-emission and fuel-efficient cars.Mydrian Harries, head ...

  • Article

    Network Rail bike scheme sees high take-up

    2012-10-30T11:29:00Z

    Network Rail has had 1,500 employees sign up for its bikes-for-work scheme since it was launched in August.This level of take-up equates to £1.1 million worth of bikes and accessories purchased through 396 independent cycle retailers, according to the scheme’s provider Cyclescheme.Ian Turner, rewards and benefits manager at Network Rail, ...

  • Article

    Incentives would encourage cycling to work

    2012-10-30T11:22:00Z

    Almost half (48%) of respondents would cycle to work more often if there were extra incentives or rewards for them to do so, according to research by innovation foundation Nesta.The research, which surveyed more than 4,000 UK adults, found that, among employees who already cycle to work, the factors most ...

  • Analysis

    Take care with tax on bikes for work

    2012-10-29T09:14:00Z

    Guidance produced by tax information provider Tolley, in partnership with Philip Rutherford, senior tax director for Molson Coors Brewing Company, says there is a general exemption from tax and reporting for the employer when providing bikes and associated safety equipment, but this only covers the use, loan or hire of ...

  • Article

    The Entertainer celebrates year of payroll giving

    2012-10-26T11:00:00Z

    EXCLUSIVE: The Entertainer has spent the last three months celebrating the one-year anniversary of its payroll-giving scheme.The celebration campaign included a party at head office, at which charities gave presentations to staff, and a national cake-baking competition, at which winners received cash prizes to donate to their charity of choice.The ...

  • Article

    Businesscycle website launched

    2012-10-26T10:22:00Z

    A website has been launched to provide employerss with a one-stop shop for information on all areas of cycling and to help them encourage employees to take up cycling.The Businesscycle website, which has been developed by the Cycle to Work Alliance, Transport for London (TFL), Business in the Community, British ...