A Practical Guide to Salary Sacrifice
and Flexible Benefits

Salary sacrifice and flexible benefit schemes are becoming increasingly popular
with employers particularly since the introduction of employer supported childcare schemes.

If you need to know more about how to avoid the problems and pitfalls of dealing
with salary sacrifice and flexible benefits, then this is the course for you.

There are many aspects to consider when you set up a scheme from a tax and
National Insurance perspective but HMRC will only approve a scheme once it is set up.

Course Programme:

Salary Sacrifice
• Definition of Salary Sacrifice
• Change in Contract of employment
• “Gross Pay”
• Revenue statement of Practice
• Reference Pay
• Lower Earnings Limit – effect on

Contribution
• National Minimum Wage
• Lifestyle changes
• Payslips
• Interaction with other “deductions”
• Advantages for employer
• Employee communication

Childcare
• Post 2005 tax and NI limited
• Nursery Places
• Third Party Schemes
• Vouchers
• Interaction with OMP
• Benefit during OML
• Restrictions on relief
• No restrictions on use
• Paying more than the exempt amount
• Employee communication

Pension
• Standard Provision – tax relief, no NI relief
• Salary Sacrifice
• Advantages for employee and employer
• Employee communication

Flexible Benefits
• Potential and core benefits
• Fixed term
• Lifestyle changes
• Employee choice
• Reference Salary
• Tax and NI treatment
• Employee communication
• P11Ds


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