Salary Sacrifice: May no longer be attractive for employers

Personnel Today has reported that a European court ruling means employers may be forced to pay millions in unpaid VAT for salary sacrifice voucher schemes. For a number of years now the Government have offered a number of schemes to encourage employers to provide employees with tax advantageous benefits. Some of the most common include: […]

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To bonus or not to bonus?….. that is the question.

With news that RBS are set to overhaul their bonus scheme, and the Lib Dems denouncing NHS managers pay, bonus payments for all staff are once again in the spotlight. Companies who choose to use a bonus to incentivise performance should develop a robust and transparent scheme which encourages the particular behaviours the company values […]

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Are all your employees legal? ….. are you sure?

In 2008, the UK Boarders & Imigration Agency (UKBIA) introduced fixed penalty fines of £10,000 per employee for illegal immigrants. In 2007, there were 38 prosecutions. However, following the introduction of the fixed penalty, there were 1164 penalties imposed costing employers £11.2 million in fines. In 2009 these figures rose to 2210 penalties costing £22.1 […]

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