Salary sacrifice secrets: how the right benefits can add up to NICs savings

Thursday 24 April at 11am

 

Major changes are coming soon to National Insurance Contributions (NICs), with an increase to the rate of employer NICs, a reduction in the secondary threshold and an increase in the National Minimum Wage – all from April 2025.  

All this means it’s more expensive to employ your staff (let alone hire any new ones). So smart employers are looking for ways to reduce their NICs liability and find ways to boost reward packages without increasing salaries.  

A salary sacrifice scheme might just be the key to solving this puzzle. Select the right portfolio of benefits, and you’ll not only save on tax and NICs, but you’ll enhance your reward packages in ways that suit your employees’ individual needs.  

Join experts from Avantus Employee Benefits, now part of Ciphr Group, as we share: 

• A recap of the NICs changes that take effect in April 2025 
• How salary sacrifice schemes help to boost reward, engagement and retention 
• The types of salary sacrifice schemes available, including pensions, electric vehicle schemes, cycle to work, and many more 
• Examples of how successful salary sacrifice schemes can cut your costs
• How you can get started with a salary sacrifice scheme in as little as four weeks 

 

You must register using a company email address. Registrations using a free email provider (such as Gmail or Yahoo) will not be accepted. If you do not have a company email address and would like to register, email us at marketing@ciphr.com and we'll sign you up for the broadcast.