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Thanks for the welcome. I just got off the phone to HMRC and they said it is allowed however as long as it goes through the salary as there is no exemption on tax or NI.
Good afternoon,
We are looking to introduce a savings scheme for staff with the benefit of the employer paying in £25 at the end of 10 months if they continue saving for 10 months. Are there any tax implications on the £25 that would be paid to staff. This could either be paid out as taxable...