You may have heard the term “salary sacrifice” on occasions and wondered what it is. Have you ever wondered if you should participate in the scheme either as an employee or an employer? Basically, is salary sacrifice a good idea? What is Salary Sacrifice? Salary sacrifice schemes are not a new thing and have […]
Category Archives: National Insurance
HM Revenue & Customs, National Insurance, News, Payroll, Personal Tax
Introduction of the new Health & Social Care Levy and how it works
22
Sep
Sep
Last week saw the introduction of the new health and social care Levy. Whilst this came as a surprise to many it was not all that unexpected. The UK with its aging population has over many years debated on how to deal with the rising cost of social care. It took the pandemic (and the […]
Employee Benefits, National Insurance, P11d, Payroll
Say Thank you for your team in a tax efficient way
14
Dec
Dec
Here we remind you that you can say thank-you to your team without adding the burden of tax either to yourselves or your staff.