Whether you're interested in the smaller business community, are planning to start a business or have an existing business, we have a package for you.
Our most popular package is FSB Business Essentials which includes a whole range of benefits and products designed to make your business fly
A suite of legal benefits including a dedicated helpline, bundled insurance products and a range of online information to keep your business safe. Plus a whole range of negotiated benefits to help save you money and win business.
Our Business Creation package is designed to make starting a business simpler, allowing you time to focus on what's important - making it a success.
Specialist company formation benefits, access to FSB networking, business banking and a range of products to help get you setup in business.
Whatever your circumstances, we have a package to suit you and your business. Click the button below to see which benefits are included in each package and start your FSB journey.
'I just felt wow, I want to be part of this organisation so I joined.'
'Having someone there like the FSB who you can just call on for those other things you’re not quite sure on, it’s been invaluable.'
'What you can save by taking up some of the membership offers will save you your membership fee.'
We represent a diverse range of businesses from retailers to marketing agencies and just about everything in between. Take a look at more member stories and see how we could help your business fly.
More Member Stories
We offer three packages to suit your business needs. Joining FSB Connect is free, our Business Essentials package starts at £177 in the first year and our specialist Business Creation package has a fixed price of £133.
Salary sacrifice is a useful way for staff to help stretch their money that much further and make use of some great benefits in the process. But what else goes into a salary sacrifice scheme, what other benefits might there be, and what should you be aware of?
This blog looks to explain some of the things that businesses and staff should know about salary sacrifice.
Salary sacrifice can be such an enticing prospect because everyone involved in the scheme stands to benefit in some way – it isn’t just a benefit for staff.
While staff can and do gain tax-free benefits, which leads to overall cash savings, they also get to reduce their expenses through salary sacrifice.
This is because both parties stand to save money from salary sacrifice schemes. A staff member ends up paying less income tax, and a business won’t have to pay Employers’ National Insurance contributions on the part of the employee’s salary that they’ve sacrificed. This means staff can make their money go further, and businesses have less national insurance to pay.
Another major benefit of salary sacrifice is that there are multiple ways that staff can make use of the scheme.
For example, a popular option that many staff could make use of is childcare vouchers, so families are still able to work while saving money on childcare costs.
But what can you offer staff who aren’t parents? Thankfully, for those staff, salary sacrifice is rather broad.
Staff could choose to subsidise a company car through salary sacrifice. Or, for those with an easier commute, they could take advantage of a cycle to work scheme, which will let them save money on buying a new bike.
It might even be a way for your staff to save more money and build up a nest egg for their retirement. Salary sacrifice can be implemented in the form of additional pension contributions. This could be a fantastic way for a staff member to contribute to their savings in addition to a workplace pension, for example.
Salary sacrifice is a great scheme for many employees to make use of. That said, though, there are still some things that you should keep in mind before looking to make use of a scheme for your staff.
Perhaps the biggest point to consider is that staff can’t really make use of a salary sacrifice scheme if doing so would take their hourly wage below that of the national minimum wage. This could either limit the total amount that can be invested into a scheme, or limit some staff from making use of a scheme entirely.
It’s also important to keep in mind the actual ‘sacrifice’ element of the scheme. Because a portion of an employee’s salary is given up in exchange for a certain benefit. This does mean that their take-home pay is technically lower.
Similarly, if a staff member receives child tax credits, then salary sacrifice might not be the best option for them. This is because childcare through salary sacrifice is offered through vouchers, while child tax credits are given for childcare paid through money put into their bank account. To help staff figure out their best option, you could direct them to HMRC’s childcare voucher calculator.
Salary sacrifice can be a great benefit for your staff, and offering some desirable schemes might even help staff feel motivated, and more like a part of your business.
FSB provides a range of packages which offer a number of services that can benefit your business and your staff. These include:
The packages that we offer are suited to new businesses, already established businesses, or those looking for a network of fellow business owners. To take a look at our packages and the benefits they could provide for your business, please visit our package comparison page.
Tax advice & investigation protection from the FSB