Chartered Institute of Taxation: PBR salary sacrifice arrangements comment
Salary sacrifice arrangements: CIOT calls for review
The blockage of tax relief for salary sacrifice arrangements around staff canteens raises some concerns, says the Chartered Institute of Taxation.
John Whiting, Tax Policy Director at the CIOT, said:
“This whole area needs a proper review and potential modernisation. The exemption for staff canteens remains welcome, but is it fair when many people work away from a central site? Arguably the salary sacrifice route allows a more modern and flexible provision of help to employees.”
Notes
The Chartered Institute of Taxation (CIOT) is a charity and the leading professional body in the United Kingdom concerned solely with taxation. The CIOT’s primary purpose is to promote education and study of the administration and practice of taxation. One of the key aims is to achieve a better, more efficient, tax system for all affected by it – taxpayers, advisers and the authorities.
The CIOT’s comments and recommendations on tax issues are made solely in order to achieve its primary purpose: it is politically neutral in its work. The CIOT will seek to draw on its members’ experience in private practice, government, commerce and industry and academia to argue and explain how public policy objectives (to the extent that these are clearly stated or can be discerned) can most effectively be achieved.
The CIOT’s 14,900 members have the practising title of ‘Chartered Tax Adviser’.
Contact – George Crozier on 020 7340 0569 or 07740 477374 (gcrozier@ciot.org.uk) or John Whiting on 020 7340 0591 or 07710 027595 (jwhiting@ciot.org.uk)
The Chartered Institute of Taxation
Registered charity number 1037771
www.tax.org.uk
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