1550Finance and Accountancy Briefings

Finance and Accountancy Briefing

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Essential guide to salary sacrifice car schemes

Overview

Salary sacrifice as a component of employee remuneration is increasing in popularity. Falling under flexible benefits, it helps employers increase the perceived value of an employee's total reward package and allows employees to tailor their remuneration to suit their lifestyle.


This guide provides an overview of company car salary sacrifice schemes, where HMRC fit in, the benefits and potential issues involved in implementing them.


 

Tags: Salary sacrifice, Fleet Management.

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