Childcare | Compliance guide

Scheme Overview and Key Details

• Partnered through Kinsail (alternative provider available)
• Employer pays 14% of NI savings to manage the scheme (split between the partner and nursery)
• Nurseries who will not take part in the scheme: Bright Horizons, Busy Bees, Childbase, Fennies & Grandir. This is because most of them have their own workplace pension proposition
  • A nursery must comply with the registration requirements of the appropriate registering body (for example, the Health and Social Care Trusts in Northern Ireland, Ofsted, the Care Standards Inspectorate for Wales or the Scottish Care Commission)
  • Employer or Employee/parent as representative needs to join at least 2 meetings with nursery per year to discuss operational updatesAny nurseries that are not already part of the scheme will be contacted to join:
• Employer can download monthly report for deductions from Kinsail Admin portal
• No limit on how much can be sacrificed - as long as employees do not fall below NMW in the period in which the deduction is applied (e.g. monthly)
• Employees can use the scheme alongside HMRC tax free childcare vouchers and 30 hours free childcare

Savings

• Employer saves 1% NIC
• Tax Band related savings: 20%, 40% or 45% 
• NIC Band related savings: 8% (earning below £50,270) or 2% (earning above £50,270)

HMRC Reporting

• No reporting required

Mobile + Tech + EcoTech | Compliance guide

Scheme Overview and Key Details

• Partnered through Mobile Advantage (other providers available)
• Upfront payment of product by employer
• Goods usually delivered within 3 days to employee
• No limit on how much can be sacrificed - as long as employees do not fall below NMW in the period in which the deduction is applied (e.g. monthly)
• Employer can download a monthly report for deductions from Mintago 

• No Tax savings for the employer
• No Tax savings for the employee
• Employee NIC Band related savings: 8% (earning below £50,270) or 2% (earning above £50,270)

• The benefit amount should be reported on a P11D or via payrolling benefits to attract employee tax
• The benefit amount should be reported on a P11D(b) or via payrolling benefits to attract employers' Class 1A NIC
  
  

EV | Compliance guide

Scheme Overview and Key Details

• Partnered through Tusker, TECS or Love Electric
• No limit on how much can be sacrificed - as long as employees do not fall below NMW in the period in which the deduction is applied (Monthly)
• Employer can download monthly report for deductions from Partner Portal

Savings

• Employer NIC savings: Employer saves up to 15%
• Employee Savings: Tax Band related savings: 20%, 40% or 45% less BIK tax*
• NIC Band related savings: 8% (earning below £50,270) or 2% (earning above £50,270)

Love Electric

• Employer NIC savings: Employer NIC savings can be requested
• Employee Savings: Tax Band related savings: 20%, 40% or 45% less BIK tax*
• Employee NIC Band related savings: 8% (earning below £50,270) or 2% (earning above £50,270)

• The benefit should be reported on a P11D or via payrolling benefits to attract employee tax based on the BIK rate*
• The benefit should be reported on a P11D(b) or via payrolling benefits to attract employers' Class 1A NIC based on the BIK rate*
• BIK rate is currently 3% for an EV vehicle based on the list price of the vehicle

Travel | Compliance guide

Scheme Overview and Key Details

• Partnered through Inspire
• Upfront payment of total cost of requested travel budget
• No limit on how much can be sacrificed - as long as employees do not fall below NMW in the period in which the deduction is applied (Monthly)
• Employer can download report for deductions from Inspire portal

Savings

• No Tax savings for the employer
• No Tax Band related savings
• Employee NIC Band related savings: 8% (earning below £50,270) or 2% (earning above £50,270)

• The benefit amount should be reported on a P11D or via payrolling benefits to attract employee tax
• The benefit amount should be reported on a P11D(b) or via payrolling benefits to attract employers' Class 1A NIC