02/27/2017
Team Rewards (teamrewards.co.uk), the leading provider of employee benefit schemes in the United Kingdom, is pleased to
inform everyone about their Car Parking Scheme.
Team Rewards understands that aside
from fuel costs, one major problem of travelling to work is the cost of car
parking. Through their Car Parking Scheme, these expenses can be reduced. Employers can save 13.8% in National
Insurance Contributions on the total Salary Sacrifice value, while employees
can save up to 42% in tax and National Insurance. Employers can get the VAT on
the parking permit, and this needs to be declared
as output tax.
Team Rewards’ Car Parking Scheme has
flexible rules. Clients can easily tailor
it according to the needs of their employees and the policies of their
business. Moreover, they will also be allowed
to select the car parks that they prefer to use. The scheme can be used for car parks owned by the employer, workplace
car parks, or independent car parks.
The Car Parking Scheme usually runs
for 12 months. For the convenience of their clients, Team Rewards offers this scheme with full management including enrolment, marketing, and compliance. A
dedicated employee support with telephone enrolment
will be provided as well.
Team Rewards assures everyone that
their Car Parking Scheme is a government-back salary sacrifice benefit program.
It complies with the rules of HM Revenue & Customs or HMRC, the United
Kingdom’s authority when it comes to tax, payments,
and customs.
It should be noted that this scheme must be made available to all employees. It must not be exclusive to employers, directors, and other high-ranking
officers.
Team Rewards guarantees everyone that
they offer quality and reliable services. According to them, “We are a
proactive and forward thinking company continually researching the market for
new and exciting products and technology. Our experience of setting up and
administering multiple Salary Sacrifice schemes is second to none
and our unique communication methods have a proven track record of driving
engagement and maximising savings for both you and your employees”.
Aside from the Car Parking Scheme, this
company offers other benefits programs focused on car leasing, travel loans,
financial wellbeing, lifestyle, and much
more. To learn more about this company, log on to teamrewards.co.uk.
About
Team Rewards
Team Rewards is the premier provider
of bespoke benefit plans in the United Kingdom.
It is composed of experts in employee
benefits, human resources, web platforms, and employee management. If you are
interested in getting their products, there are various ways to get in touch
with them. You can speak with a representative by calling 0845 0777 075.
Alternatively, you can send your written comments, suggestions, and queries to
their email address, info@teamrewards.co.uk, or through the contact form on
their website at teamrewards.co.uk.
Team Rewards is the premier provider of bespoke benefit plans in the United Kingdom. It is composed of experts in employee benefits, human resources, web platforms, and employee management. If you are interested in getting their products, there are various ways to get in touch with them. You ca…