What Employers need to know?
Co-operative Flexible Benefits provide a fully administered scheme allowing you to manage your scheme in seven easy steps. And what’s more, scheme delivery is cost free for employers.
Co-operative Flexible Benefits Cycle to Work benefit is offered in conjunction with Halfords which meets all relevant tax guidance (including recent HMRC guidance) and legislative criteria – important to know when introducing a scheme with tax implications.
Your local Account Manager will also provide ongoing scheme support, free marketing materials and all the scheme documentation that’s required. We can arrange on-site roadshows to help increase employee awareness.
|Retail value of bike and accessories
|Gross monthly reduction**
|National Insurance Savings**
|Net cost per month
|Total cost over 12 Months
|Total savings made
* Price includes all costs in running the scheme over a 12-month period. Costs included can be used as a guide only, and may vary subject to personal taxation.
**Assumes 20% Tax Rate and assumes 11% Employee NIC Rate.
For more information contact our helpdesk on 0800 458 7929