HMRC have published a consultation document to review benefits in kind in conjunction with salary sacrifice schemes and flexible benefits.

The government has become increasingly concerned about the growth of salary sacrifice arrangements and their fairness on the tax system. Current salary sacrifice schemes and benefits in kind including: cycle to work, workplace nurseries, pensions and childcare vouchers will remain unaffected by this consultation. Decisions made in light of this consultation will be released in the 2016 autumn statement. Policy changes are expected to form part of the Finance Bill in 2017.

The consultation will run for 10 weeks starting on 10 August 2016 and closing on 19 October 2016.