Optional Remuneration Update Event

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In the 2017 Budget, the Chancellor announced measures to remove some of the benefits associated with salary sacrifice.

Transitional rules were put in place for the first year. As we approach the period where most schemes will, or already have, renewed their benefits, we consider the impact of these new rules.

The rules impact on both employment tax and employee benefits. Many benefits platforms were built on dated technology which may require additional work-arounds and interventions to accommodate Optional Remuneration Arrangements (OpRA).

To further discuss these changes, BDO, employment tax specialists, are hosting joint seminars and webinars with PIB Employee Benefits who are independent specialists in employee benefits and online technology platforms.

These events will cover:

  • What you currently can and cannot do with OpRA
  • A practical walk through of the various scenarios we have seen, including Cars, AMAP Schemes and Group Income Protection and other benefits
  • How the new rules will impact the preparation of your P11D’s for 2017/18
  • Understanding whether your benefits platform can accommodate the changes
  • The need to review your flex benefits package and cash in lieu options
  • Effective methods to communicate these changes.

Webinar: 7th March 11:00 -12:00pm

Breakfast Seminars:
21st Feb, Leeds
28th Feb, Manchester

Leeds Venue
BDO Leeds
6th Floor
Central Square
29 Wellington Street

Manchester Venue
BDO Manchester
3 Hardman Street
M3 3AT

Seminar Speakers:
Steve Talbot
Human Capital Director, BDO

Derek Bowler
Associate Director, BDO

Mark Eastwood
Senior Employee Benefits Consultant, PIB Employee Benefits

Jason Crowther
Senior Employee Benefits Consultant, PIB Employee Benefits

Seminar Timings
08:30 – Registration and breakfast
09:00 – Presentation
10:00 – Questions
10:30 – Close

Please follow this link to register for one of the events: https://www.surveymonkey.co.uk/r/X8DRZH7

If you are unable to join us, please extend this invitation to a colleague who may wish to attend in your place.