My company is quite small, to the point where if we had a scheme set up it's likely I'd be administering it...
a) Is this legally ok? I want a new bike.
b) It's my understanding that you don't need to go through any of the schemes, the company can just buy the bike from anywhere and then draft the relevant contracts to formalise the 'hiring' and wage sacrifice... Am I right?
My company is quite small, to the point where if we had a scheme set up it's likely I'd be administering it...
a) Is this legally ok? I want a new bike.
b) It's my understanding that you don't need to go through any of the schemes, the company can just buy the bike from anywhere and then draft the relevant contracts to formalise the 'hiring' and wage sacrifice... Am I right?