What are the advantages?
By reducing your salary in return for the company benefits you select, you can also reduce the salary your tax and/or National Insurance is calculated on, saving you money.
Tax rules can change over time and benefits depend on individual circumstances.
In addition, you can take advantage of the buying power Barhale has as a company, so in some cases the rates you receive on benefits such as restaurant cards, health insurance and dental insurance are lower, saving you more than you could expect in the retail market.
Income Tax and National Insurance savings
The following table outlines a brief guide to the types of savings you could take advantage of:
| Benefit | Income Tax saving | National Insurance saving | Other savings |
|---|---|---|---|
| Critical Illness Employee and Partner | No | Yes | Group discount on rates |
| Dental Insurance | No | Yes | Group discount on rates |
| Give As You Earn | Yes | No | No |
| Gym Membership | No | Yes | Group discount on rates |
| Healthcare Cash Plan | No | Yes | Group discount on rates |
| Health Screen - Employee | No | Yes | Group discount on rates |
| Health Screen - Partner | No | Yes | Group discount on rates |
| Holiday Buy | Yes | Yes | No |
| Life Assurance - Employee | No | Yes | Group discount on rates |
| Life Assurance - Partner | No | Yes | Group discount on rates |
| Pension | Yes | Yes (if via Salary Sacrifice) | No |
| Private Medical Insurance | No | Yes | Group discount on rates |
| Restaurant Card | No | Yes | Group discount on rates |
| Travel Insurance | No | Yes | Group discount on rates |
Have a question?
Contact the Helpdesk:
Benefit questions:
0117 314 1776
Mon - Fri: 9am - 5pm