For the Employer
schemes are surprisingly simple to implement and
manage - they offer an all-encompassing solution
for a multinational, mobile workforce.
of the tax-efficiency of s615(6) benefits in the
hands of an employee, the gross cost of employment
is significantly reduced for scheme members. Put
simply, the net benefit to a s615(6) member entails
a lower overall gross cost to the employer compared
to a non-member (please see real life examples).
most countries, pension contributions are not
treated as a benefit in kind for tax and social
contribution purposes. By re-routing an employee's
surplus of income over expenditure requirements
in to a s615(6) scheme, an employer will save
on local employer social contributions.
importantly, employer contributions are allowable
against Corporation Tax in the UK.
further detailed information please download a
copy of our brochure: