making them effective, attractive and tax-efficient
Attracting the right staff is an essential ingredient for the
growth and development of any organisation. Attracting and
retaining the staff you want depends on having the right mix of
pay, incentives and benefits. At the same time you want
to make sure you can cut as much tax out of the cost of
engaging staff, even where you have no attraction and retention
issues.
Blake Lapthorn's Benefits team has experience
in advising clients on a wide range of issues affecting all types
of pay, incentives and benefits:
- pay, including contractual terms
and service contracts, equal pay, handbooks
- pensions - legal advice,
documentation, member communications, training and independent
trusteeship
- life assurance -
establishing and running them in the most tax effective way
- permanent
health insurance - legal and operational advice,
documentation
- private medical
insurance - including contractual terms and
compatibility with provider's terms
- salary
sacrifice - what it can be used for, how it
works, effective documentation
- flexible benefit
arrangements - how to structure this so that it
is effective for tax, NI and contract purposes
- employee share
schemes including approved and unapproved share
options and employee benefit trusts
- self-employment
models falling outside PAYE and IR35, and reducing
employers' National Insurance Contributions
- Construction Industry scheme
- employed contractor
models with tax free travel and accommodation,
facilitated through legally effective overarching contracts of
employment
- VAT mitigation in
relation to the supply of temporary workers.
