In the 2017 Budget, the Chancellor announced measures to remove the benefits associated with salary sacrifice.
Transitional rules were put in place for the first year. As we approach the period where most schemes will, or already have, renewed their benefits, PIB Insurance has teamed with BDO to run two Seminars and a Webinar to consider the impact of these new rules.
The rules impact on both employment tax and employee benefits. Many benefits platforms were built on dated technology which may require additional work-arounds and interventions to accommodate OpRA.
BDO employment tax specialists will therefore be joined by PIB Employee Benefits, independent specialists in employee benefits and online technology platforms, to cover the following issues:
- What you currently can and cannot do with Optional Remuneration arrangements (OpRA)
- A practical walkthrough the various scenarios we have seen, including;
– Cars
– AMAP Schemes
– Group Income Protection and other benefits
- How the new rules will impact the preparation of your P11D’s for 2017/18
- Understanding whether your benefits platform can accommodate the changes
- The need to review your flex benefits package and cash in lieu options
- Effective methods to communicate these changes
WHEN
Breakfast Seminars: February 21st (Leeds), February 28th (Manchester)
Webinar: March 7th, 11am-12pm
SEMINAR VENUES
February 21st, 2018
BDO Leeds
6th Floor
Central Square
29 Wellington Street
Leeds
LS1 4RU
TIMINGS
08:30 – Registration and breakfast
09:00 – Presentation
10:00 – Questions
10:30 – Close
ALTERNATIVE DATE & VENUE
Wednesday 28 February
08:30 – 10:30
BDO Manchester
3 Hardman Street
Manchester
M3 3AT
SPEAKERS
STEVE TALBOT
Human Capital Director, BDO
DEREK BOWLER
Associate Director, BDO
MARK EASTWOOD
Senior Employee Benefits Consultant, PIB Employee Benefits
JASON CROWTHER
Senior Employee Benefits Consultant, PIB Employee Benefits
REGISTRATION
To register your place, email Paul Nelson, Head of Business Development at PIB Employee Benefits, at employee.benefits@pib-insurance.com.
MORE INFORMATION
For further questions or queries please do not hesitate to contact employee.benefits@pib-insurance.com or call 0345 565 1617