Employee Benefits & Salary Sacrifice
Our Accountants will work with you and recommend an employee benefits scheme that is appropriate for your business.
Our accountancy team will determine what benefits are required for your workforce by considering your business objectives, company values and the needs of your employees.
At our initial consultation, our Accountants will assess your current level of benefits and review your employee benefit options.
We will then implement your employee benefits solution, and if required, we can communicate these benefits to your workforce.
As a Chartered Management Accountant we are authorised to advise you on the full range of employee benefits including:
- Investment Advice
- Pensions & Auto Enrolment
- Health & Risk Benefits
Employee Benefits & Salary Sacrifice…
Salary sacrifice schemes can be offered as part of your employee benefits package. Employees can give up a portion of their salary in return for some form of non-cash benefits.
Examples of salary sacrifice benefits include employer contributions to registered pension schemes, childcare vouchers and ride to work schemes.
Both the employee and employer can benefit from salary sacrifice. When employees accept non-cash benefits they are wholly or partially exempt from National Insurance Contributions and Income Tax.
Our Accountants can recommend salary sacrifice benefits to offer your staff. We can also set up and administer salary sacrifice schemes for your company through our payroll systems, ensuring the correct tax and National Insurance Contribution rules apply to your company.
We can also set up and administer salary sacrifice schemes for your company through our payroll systems, ensuring the correct tax and National Insurance Contribution rules apply to your company.
Our financial independence allows us to provide you with a cost-effective employee benefits solution. Our pricing is fixed, open, and honest and agreed up-front. Salary sacrifice can also be used to mitigate the costs of auto-enrolment.
Our Chartered Management Accountants in St Albans also work with clients throughout Hertfordshire, including Watford, Hemel Hempstead, Welwyn Garden City and Hatfield. We also service clients in London and the South East of England.