v-payplan - the smart employer's way to offer tax and NI efficient employee benefits
what are the savings?
After the administration costs of the scheme, employers can expect to save up to £402 a year per participating employee.
Employees paying tax at 20% could save up to £933 per year, a 40% tax payer could make savings of up to £625 and those paying tax at 50% could save up to £605 annually.
