Most employees pay 20% tax, 12% Ees NI and their employer pays 13.8% NI, so thats a total tax of 45.8% on employment income.
There are a range of tax and NI free benefits, for example childcare vouchers, where £55 per week can be paid by the employer, so lets use that as an example, using the calculator
http://listentotaxman.com/index.php
An employee earning £30k a year gets
| Wage Summary | Yearly | Monthly | Week |
| Gross Pay | £30,000.00 | £2,500.00 | £576.92 |
| Tax free Allowances | £7,475.00 | £622.92 | £143.75 |
| Total taxable | £22,525.00 | £1,877.08 | £433.17 |
 Tax due |
£4,505.00 | £375.42 | £86.63 |
| National Insurance | £2,732.64 | £227.72 | £52.55 |
| Total Deductions | £7,237.64 | £603.14 | £139.19 |
| Net Wage | £22,762.36 | £1,896.86 | £437.74 |
| Employers NI | £3,164.06 | £263.67 | £60.85 |
Total Tax and NI = £10401.70
If they use Salary Sacrifice for £55 x52 = £2860, new salary would be £27140
| Wage Summary | Yearly | Monthly | Week |
| Gross Pay | £27,140.00 | £2,261.67 | £521.92 |
| Tax free Allowances | £7,475.00 | £622.92 | £143.75 |
| Total taxable | £19,665.00 | £1,638.75 | £378.17 |
| Tax due |
£3,933.00 | £327.75 | £75.63 |
| National Insurance | £2,389.44 | £199.12 | £45.95 |
| Total Deductions | £6,322.44 | £526.87 | £121.59 |
| Net Wage | £20,817.56 | £1,734.80 | £400.34 |
| Employers NI | £2,769.38 | £230.78 | £53.26 |
Total Tax and NI = £9091.82
A saving of £1309.98 (45.8% of £2860)
For saves on this scale should you be looking at Salary Sacrifice schemes for your employees,I have seen schemes where it can be applied to a wide variety of things from Pensions to Cars
steve@bicknells.net
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