Your browser does not support JavaScript

Salary sacrifice termination or changes form

Click here to get more implementation support, update alerts and more from our partner site, hrdocbox.co.uk.

£ 9
Get much more with our
Pay and benefits template toolkit:
£25

Our Salary Sacrifice Termination or Changes Form allows employees to request adjustments or cessation of their salary sacrifice arrangement, ensuring clear communication and proper record-keeping.

Reading time
How long to understand and implement this form?
5 mins
Word count
How many words in this form?
232
We also have budget-friendly bundles featuring this template:

What is a Salary sacrifice termination or changes form?

This Salary Sacrifice Termination or Changes Form facilitates the process of recording and formalizing any changes or termination of a salary sacrifice arrangement.

It captures details about the employee, the specific benefit being modified, the effective date of the change, and the reason for the adjustment or termination.

The purpose of this form is to ensure accurate documentation, adherence to legal requirements, and clear communication between the employee and the employer regarding any alterations to the salary sacrifice arrangement.

Best practice timescale for this to be issued
When should this form be issued?
As and when required
Issued by who, to whom
Who should issue this form, and to whom?
The Employee to the Employer (you)
Applicable legal jurisdictions
In which jurisdictions can this form be used?
Great Britain & NI (United Kingdom), Worldwide

What legislation and best practice guidelines have been taken into account in the development of this template?

United Kingdom

When implementing a Salary Sacrifice Termination or Changes Form, it's important to be aware of key UK employment legislations. Here are some of the essential ones:

  • Income Tax (Earnings and Pensions) Act 2003: This legislation provides the necessary framework for addressing tax implications when terminating or making changes to a salary sacrifice arrangement, ensuring that the process is aligned with tax regulations.

  • Employment Rights Act 1996: The form and its associated process must comply with the stipulations of this act, guaranteeing that employees' rights are respected, and their obligations are communicated transparently when salary sacrifice arrangements are altered or terminated.

  • Equality Act 2010: Changes or terminations communicated through the form should adhere to the principles of fairness and equality enshrined in this act, preventing any discriminatory practices and ensuring that all employees are treated equally in the process.

  • Pensions Act 2008: In the event that the salary sacrifice arrangement involves pension contributions, the form and its process should follow the guidelines outlined by this legislation, particularly regarding the treatment of pension benefits during changes or terminations.

  • Data Protection Act 2018 (incorporating GDPR): As personal data may be involved in the form, it's essential that the handling of such data during the termination or changes process aligns with the data protection principles set forth by this legislation, ensuring the security and confidentiality of employees' information.


Other territories

Consult your jurisdiction's employment legislation or labor laws to ensure compliance with the template. Review the language for local precision.

Salary sacrifice termination or changes

Employee Information

Full Name:  
Department:  
Job title:  

Request Type:

Termination of Salary Sacrifice Arrangement

Changes to Existing Salary Sacrifice Arrangement

Existing Benefit Details

Chosen Benefit:  
Start Date of Arrangement:  
Duration of Arrangement:  
Amount Currently Sacrificed (per pay period):  

Proposed Changes (if applicable)

Chosen Benefit:  
Proposed Date of Changes:  
Revised Duration of Arrangement:  
Revised Amount to be Sacrificed (per pay period):  
Brief Explanation of Changes:  

Reason for Termination or Changes

[Please provide a brief explanation for your request.]

 

Declaration

By signing this form, I confirm that the information provided is accurate and that I understand the implications of terminating or changing my salary sacrifice arrangement. I understand that any changes will be processed in accordance with company policies and UK regulations.

Employee Signature:  
Date:  

Version: [1.0]

Issue date: [date]

This is a preview. Access to the remainder requires a purchase.
salary sacrifice termination or changes form