The Company Car Taxation paper by Copenhagen Economics reviews the extent to which the current taxation of company cars artificially promotes the use of cars. The key question it explores is whether the employees, by way of the free use of such cars, receive benefits that are under-taxed relative to alternative salary remuneration. This study presents new, EU wide estimates of the level of subsidies to company cars and provides some preliminary examples of the possible effects of suchsubsidies on economic welfare and environment. lt also discuses the policy implications.
Employee benefits only create value when they strike a chord with the people they are designed for. Yet, in many organisations, there’s still a disconnect.
Zest’s marketplace partner, GoodPAYE, look at the benefits of payroll giving, whether it can be deemed as the most underrated employee benefit of all time and why it helps companies attract and retain talent.
Employers have a vital role to play in workplace health, but government action on significant hurdles will also be required, explains Hannah Larsen, policy officer at British Chambers of Commerce (BCC).
This article is taken from REBA’s Forecasting future health costs: developing sustainable employer-funded health strategies report, in partnership with Mercer Marsh Benefits.
This study draws on conversations with leaders across industry and a survey over 2,010 small and medium-sized enterprise (SME) wellbeing decision makers across the UK.