For working parents across the UK, finding affordable and reliable childcare is one of the most important and often most challenging aspects of family life. Over the past few years, childcare policies in the UK have evolved significantly, with new funding opportunities, government schemes, and flexible care options available to help parents balance work and […]
Tag Archives: salary sacrifice
27
Nov
Nov
Chancellor Rachel Reeves presented her highly anticipated second Budget to Parliament yesterday. After the 2024 tax measures, the government was hopeful that broad tax increases would not be necessary in 2025. However, due to ongoing economic challenges, despite a short-term growth upgrade from the Office for Budget Responsibility (OBR), tax increases proved unavoidable. Let’s take […]
Employee Benefits, HM Revenue & Customs, P11d, Personal Tax, Tax Advice
Benefits your employees actually want
03
Dec
Dec
Good employers have been offering workplace benefits for a long time. There are many reasons for doing so, with one of the main ones being that a strong employee benefits package attracts the right talent. However, how can you determine which benefits your employees actually want? You might not have considered how providing benefits to […]
Business Tips, Employee Benefits, Personal Tax, Tax Tips
Salary Sacrifice Scheme and the Electric Car
17
Jan
Jan
Salary sacrifice has been around for a while now. But in recent times it has become a popular topic again. For two reasons, first employers want to offer a competitive package to help with staff retention. Second, money is tight for everyone, and a salary sacrifice scheme offers tax savings. Tax savings for both the […]
Employee Benefits, Myers Clark Updates, National Insurance, Payroll, Tax Advice, Tax Planning
Is Salary Sacrifice a good idea?
02
Mar
Mar
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 […]