Jump, our employee engagement and rewards scheme to benefit as Green Rewards wins approval from HMRC as a Taxed Award Scheme provider, making it even easier for businesses to reward their employees for taking positive steps.
Jump (Green Rewards) has secured HMRC approval to become a Taxed Award Scheme provider, vastly simplifying the process for clients as we can now handle all the administration for employers and employees, including annual reporting to HMRC, for any tax and National Insurance implications on the award of Green Points to employees.
The award of Green Points to an employee is a benefit and subject to income tax for the employee and Class 1A NI contributions for the employer. By securing HMRC approval as a Taxed Award Scheme provider, Green Rewards makes the award of Green Points to employees an extremely simple process for all parties.
Graham Simmonds, our Managing Director, says:
“Now that we are an HMRC approved Taxed Award Scheme provider, it’s even easier for companies and other organisations to adopt our Jump scheme and reward their employees for cycling to work, energy saving at work and a range of other activities all designed to improve the environment and support personal well-being.”
Jump Healthy Planet: Healthy Team is Green Reward’s employee engagement and rewards scheme which aims to help businesses reward their employees for making positive steps. The modular system allow businesses to choose what activities to reward their employees for, and is fully customised to each individual client. To find out more about Jump and how it can benefit your company, email us on [email protected]
