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Mobile Phone Salary Sacrifice | M12 Solutions

HMRC has recently made an allowance whereby employees can accept a "salary sacrifice" for up to 5 personal mobile contracts. This means that network monthly contract charges are subtracted from an employee's wage before taxation and national insurance payments. This can represent a saving of up to 41% on their monthly mobile phone bill. For instance a contract costing £40/month can be reduced to £23.60/month, still containing the inclusive minutes and texts of a more expensive package.

The Mobile Salary Sacrifice scheme also benefits the employer. Similar schemes are attributed with:

  • Increasing staff loyalty.
  • Attracting desirable new employees and reducing the number of "mobiles as a employment perk" that often burden businesses.
  • A financial benefit, as the employer saves on their National Insurance contributions.

M12 solutions has created a unique "Mobile Salary Sacrifice" (MSS) web site portal that makes the process extremely simple to deploy and use. This portal is constantly updated with the latest packages and handsets such as the Apple iPhone 3GS, Blackberry Storm and HTC Touch Pro.

To find out more about the M12 Mobile Phone Salary Sacrifice Scheme please request our free guide by filling in the form below:

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Mobile Phone Salary Sacrifice 

 

 

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