Salary
sacrifice schemes allow employees to give up part of their salary in
return for a benefit. Usually the benefit is not taxable, so the
employee can make considerable savings as income tax, national
insurance and pension contributions are not due on the benefit.
Below is a summary of the salary sacrifice schemes we offer:
Childcare
vouchers
If
you use registered childcare such as day nursery, Ofsted registered
childminder or holiday club you can use childcare vouchers to pay for
the care and save up to £85 per month just by using the vouchers.
Car
parking
Using salary sacrifice brings down the monthly Trust car parking
charge of £22 for full time staff to around £15 per month.
Cycle
2 work
Do you cycle to work? If so spread the cost of a new bike over
several months, and save around 35% of the retail cost of the bike
and accessories. Working in partnership with Cycle scheme this
benefit allows staff to go ‘green’, keep fit and healthy, and
save money.
MyCar
Lease Cars
For
staff who are considering the purchase of a new car, this lease
scheme provides a very cost effective alternative. Working with our
partners Masterlease there is a massive choice of new cars available,
all of which include insurance, road tax, breakdown assistance,
servicing and maintenance.
