As an employer you have a duty to provide some minimum benefits to employees by law for example, access to a stakeholder pension, paid holiday, maternity/paternity leave, sick pay. However, you can also offer a wide range of benefits which are not salary related and some of them are not a taxable benefit, meaning the employee does not have to pay any extra tax.
Listed below are some examples of popular benefits which a company could provide and fund and the respective tax status: |
We can help you hire and retain the best employees, manage your employees more successfully, and improve employee motivation. Whatever your HR outsourcing needs, In2HR can assist any company within the Thames Valley areas, including Berkshire, Buckinghamshire, Oxon and Surrey. So why not contact us today.
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