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.
A large employer has been fined £5,000 by HM Revenue and Customs (HMRC) and ordered to repay over £30,000 in wages to 40 workers who were underpaid, in a stark reminder to employers to beware of making deductions from wages for a benefit that takes pay below the national minimum wage.