Tax and NICs rules with BiKs and cash options
17 October 2017
Are you aware that if you offer employees a benefit in kind and they have a choice of a cash option, the tax and NICs rules have changed?
This is the question we are asking in our latest poll (situated on the right of all news items on the news pages of our website).
The changes that came in from April 2017 do not just affect those employers operating salary sacrifice schemes.
Diana Bruce, CIPP senior policy liaison officer, delivers a short webcast about the changes to the benefits code – Optional Remuneration Arrangements - and what arrangements other than those under salary sacrifice are impacted under the new rules.
CIPP webcast on Optional Remuneration Arrangements (OpRA)
Visit My CIPP on our website for other topical webcasts - an easy way to update you and your team on aspects of payroll legislation.