HMRC salary sacrifice clearance letter
Produced in partnership with Lewin Higgins-Green of FTI Consulting and Philip Swinburn of Macfarlanes

The following Share Incentives precedent produced in partnership with Lewin Higgins-Green of FTI Consulting and Philip Swinburn of Macfarlanes provides comprehensive and up to date legal information covering:

  • HMRC salary sacrifice clearance letter

HMRC salary sacrifice clearance letter

HMRC

Non-Statutory Clearance Team S0563

Saxon House

1 Causeway Lane

Leicester

LE1 4AA

[insert date of letter]

[insert company PAYE reference]

Dear [insert organisation name]

Approval of Salary Sacrifice Scheme

I am writing to advise that [insert company name] has introduced a salary sacrifice scheme in order to provide [insert type of benefit (ie child-care vouchers, cycle to work scheme, pension)] to staff. I am aware that HMRC will comment on the effectiveness of salary sacrifice arrangements for tax and National Insurance purposes once implemented. Accordingly, I should like to apply for confirmation that the scheme meets HMRC requirements.

[[describe any background of provision etc]]

[All employees are entitled to join the scheme, and are invited to do so at least once a year.] When employees choose how much of their salary to exchange for [insert benefit (i.e. child-care vouchers, cycle to work scheme, pension)] they are asked to accept a salary sacrifice letter of acknowledgment which acts as a

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