One of the most frequent questions we get at the Global Payroll Association is regarding employers providing bikes to employees via a salary sacrifice arrangement. Whilst there is a guidance on the gov.uk website, the full details are not all in one place and employers have to confusingly follow a number of links.
Therefore we welcome the Department for Transport’s update of “Cycle to Work Scheme Guidance for Employers” called “Moving Britain Ahead”, which focuses on the scheme provided by salary sacrifice.
The Global Payroll Association is pleased to publicise this which has been produced as a joint initiative with HM Treasury, HMRC and the Financial Conduct Authority (FCA).
One of the most frequent questions we get at the Global Payroll Association is regarding employers providing bikes to employees via a salary sacrifice arrangement. Whilst there is a guidance on the gov.uk website, the full details are not all in one place and employers have to confusingly follow a number of links.
Therefore we welcome the Department for Transport’s update of “Cycle to Work Scheme Guidance for Employers” called “Moving Britain Ahead”, which focuses on the scheme provided by salary sacrifice.
The Global Payroll Association is pleased to publicise this which has been produced as a joint initiative with HM Treasury, HMRC and the Financial Conduct Authority (FCA).
