Section 62 ITEPA 2003

For an explanation of what a salary sacrifice is, see EIM42750.

HMRC does not give advice on salary sacrifice arrangements before they have been implemented (see EIM42772).

From 6 April 2017, the Income Tax and NICs advantages where benefits in kind are provided through salary sacrifice arrangements (described in the Finance Act 2017 as ‘optional remuneration arrangements’) are largely withdrawn. Guidance on optional remuneration arrangements from 6 April 2017 starts at EIM44000.

Transitional provisions apply for a limited period. For further details, see EIM44030.

Certain benefits in kind are excluded from the changes. For further details, see EIM44130.

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