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Staff incentives. - 07-10-09, 08:53 PM

I have been impleting a commission based bonus scheme for my staff for a while and it's going really well. Although some of the staff didn't want extra pay, but to have gift vouchers (for Boots, M&S etc), so it wouldn't go through their payslip, due to tax reasons and benefits etc.

My accountant has just informed me that if I buy vouchers for staff I have to declare it on the wages as they should be getting taxed on it. I don't want to do this as the girls are definately putting more effort in.

If I pay for them with my own profits, it can go through my accounts, so I will get taxed on it.

Does anyone know a way to get round this or what do other salon do for staff incentives, that wouldn't effect staff taxes or benefits.

Thanks x
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07-10-09, 09:07 PM

Has your acountant given you any ideas? There are ways round this problem and he should be able to help you with the solution.
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07-10-09, 09:11 PM

No my accountant hasn't really helped
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