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01 Sep 2017

Join Aon Employee Benefits OPRA update webinar on Sept 7

OPRA Update Webinar. Salary sacrifice- Are you & your employees ready for the tax charges which will apply from April 2018 at the latest?

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Date: 7 September 2017

Time: 11:00am - 12:00pm

The government's culling of the tax advantages of salary sacrifice arrangements from 6 April impacts two of the mainstays of flexible benefit arrangements -group life assurance and group income protection. How employers provide life cover is also in the spotlight due to cover on 'registered' and 'excepted' is basis now being treated differently for Benefit in Kind purposes and given the rising popularity of excepted arrangements this is a significant additional complication for employers. Many employers took the short term option of utilising grandfathering, but as this is a fragile concept and with looming renewal dates when grandfathering will end, or at the latest 6 April 2018, they now need to decide whether the tax changes affect their long-term provision strategy and if so, how?

Aon urge employers to consider these issues without delay and is running a webinar on potential group life and income protection redesign considerations.

If you would like to attend, please register to receive login details.

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