Lifestyle benefits are about as universally liked and used as benefits can get. Research has shown of the most popular employee benefits many are exempt from Tax and/or National Insurance Contributions (NIC).
Childcare Vouchers is an HMRC approved scheme designed to help working parents with the cost of formal childcare. Each parent can receive up to £243 worth of vouchers each month free from income tax and employee NIC.
Cycle to Work is an HMRC approved scheme set up to encourage employees to cycle to work. Through the scheme, your employees can hire a bicycle and related safety equipment from you, as the employer, free from income tax and employee NIC.
Bringing your community programme into focus employees can give directly via their pre-tax salary, making donations tax efficient. A great way to engage employees, increase company loyalty and build morale.
Offer your employees access to thousands of discounted lifestyle products and services, creating significant savings and maximising their disposable income.
Offering your employees a discounted dining card which can be used at over 800 London restaurants is a great way to show your employees their efforts in the workplace are recognised.
- Cost-effective, high impact, voluntary benefits.
- Helps employees to recognise the value you as the employer place on them as individuals.
- Control your benefit costs by making the most of the tax efficiencies available.
- Employees can save up to £1,196 in tax and NIC per year when utilising Salary Sacrifice Childcare Vouchers.
- Unbeatable savings to be made with a range of exclusive discounts.
