Benefits for employees
Pensions
Employer sponsored pension schemes attract tax relief on the employer's contributions, and Income Tax relief, at the highest rate paid, on contributions made by employees. There are other tax benefits available to employees when they retire.
However all pensions are subject to an upper limit "earnings cap" which restricts the level of contributions that can be made or benefits payable at retirement.
If you are starting out in business then you should enquire about the conditions that you need to satisfy regarding stakeholder pension scheme legislation.
Employee benefits packages not only include Salary, and Benefits in Kind such as cars etc but can include:
