Employee Benefits & Renumeration - How to Tailor Packages to Achieve the Best After-Tax Result

Introduction

This new virtual classroom seminar examines the ways in which remuneration packages can be tailored to deliver a better after-tax result, while remaining consistent with the commercial objectives of the company and the interests of the employees.

Presented by expert speaker Jeremy Mindell, this session will examine how remuneration packages can be built for junior, middle and senior employees.

Consideration will be given to the tax-effective methods of remunerating individuals under the age of 21, as well as the potential benefits of taking on apprentices.

The session will also look at how a compliant and efficient expenses regime can deliver greater values to employees while reducing employer costs.

Although the simplest form of remuneration is cash, for every £113.80 that a company spends, an additional rate taxpayer receives only £53.00, giving an effective tax and National Insurance rate of over 50%.

The changes to the rates of dividend taxation, as well as CT rates and National Insurance rates, have altered some of the working assumptions in terms of payments of dividends as opposed to salary.

This session will look at the effect of the restrictions in tax-efficient use of salary sacrifice and the Optional Remuneration Arrangements Legislation (OPRA).

What You Will Learn

This live and interactive session will cover the following:

• Pensions and the changing environment
• Company cars
• Salary sacrifice
• Training
• Tax approved share schemes
• Tax free benefits
• Flexible benefits
• Bonus planning and deferrals
• The administration and reporting of remuneration
• Remuneration for globally mobile employees

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.