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be kind to your employess and use these Tax efficient employment benefits in kind

Written on 19 Aug 2009, 08:32 PM

Tax-efficient employment benefits-in-kind

There are still some tax free perks available to employees and if you really DO care about your staff take a look at these:-


· Childcare vouchers. Provided the benefit is made available to all employees, vouchers to a value up to £55 per week can be provided to pay for (non-family provided) childcare for employees. This benefit is free of tax and national insurance, and thus provides a significant saving for employer and employee if it is given on a salary sacrifice basis. Care is required in respect of the impact of vouchers on tax credit claims and their continued availability during maternity leave.

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