Tax thresholds will remain frozen and pension salary sacrifice will no longer be exempt from National Insurance, the Chancellor has confirmed in today's Budget.
Organisations are focused on building employee engagement with their benefits offering, while making sure that the overall package remains competitive as well as affordable. The range of benefits offered remains wide, aiming to provide something for everyone.
Practical guidance on setting up a salary-sacrifice scheme, including benefits in kind that are exempt from tax and national insurance; the use of a reference or notional salary; and the role of HMRC.