Salary sacrifice and other optional remuneration arrangements
Course
Online
Are you ready to get to the next level?
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Type
Course
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Level
Beginner
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Methodology
Online
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Class hours
1h
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Duration
6 Weeks
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Start date
August
other dates
This half day course explains the legal and payroll related implications of salary sacrifice schemes and other optional remuneration arrangements.
Using examples, it examines what makes a successful salary sacrifice arrangement, covers the payroll processing and reporting implications, and highlights the potential impact on state benefits.
The course also explains the tax and NICs changes for benefits provided through optional remuneration arrangements, including exclusions and transitional arrangements.
The course is suitable for delegates that have the following suggested roles:
- Payroll coordinators
- Payroll supervisors
- Payroll managers
- Finance managers
- Reward managers
Facilities
Location
Start date
Start date
About this course
By the end of the course, you should have an understanding of the underpinning legislation relating to salary sacrifice schemes and other optional remuneration arrangements work.
They should also be able to correctly identify what would be included as a type A or type B arrangement.
Gain awareness of:
- What is an optional remuneration arrangement?
- What is salary sacrifice?
- Why use optional remuneration arrangements?
- The potential impact on state benefits
- Which benefits for which arrangements?
- Creating an effective salary sacrifice arrangement
- Implications for tax and NICs
- Legislation and case law
- Payroll implications
Payroll Co-ordinators, Payroll Supervisors, Payroll Managers, Finance Managers & Reward Managers.
This course is not designed for those new to payroll. For those new to payroll or require a refresher, the Payroll Technician Certificate or Introduction to Payroll courses are more suitable. If you are unsure on which course is best for you, contact us here.
So that you can get full benefit from the subjects in this course, we recommend that you have attended some of the following:
- Introduction to income tax & NICs
- Essential Additions to Payroll Basics
- Introduction to Payroll
- Introduction to Statutory Payments
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Subjects
- Benefits
- Payroll
- Tax
- Pensions
- Holiday Pay
- PAYE
- NICs
- RTI
- Student loan
- Apprenticeship levy
- Remittances
Teachers and trainers (1)
CIPP trainer Trainer
CIPP Trainer
Course programme
- OpRA rule changes
- Benefits to OPrA
- Issues to consider
Legislation and Salary Sacrifice case law
- When payment earnings occur
- Earnings case law
Contractual implications
- Varying the contract of employment
- Pensionable earnings
- National Minimum Wage act
Effective arrangements
- When salary sacrifice works
- When salary sacrifice doesn’t work
- The role of HMRC
Payroll implications
- Starting and ending salary sacrifice arrangements
- Gross and Net pay
- The payslip
Salary sacrifice and non-cash options
- Childcare vouchers
- Cycle to work schemes
- Other vouchers
Salary sacrifice and other optional remuneration arrangements