Eating is a benefit

Some flyers have appeared in the canteen at work advertising a new benefit hopefully coming soon for us. The idea is that we will be able to transfer money direct from our gross salary to our ID badges which we use to buy food in the work canteen. In this way, we make a saving by not paying NI and tax on money we spend on food and drink at work.

When you add up the amount I spend at the canteen for lunch each day, as well as the amount at the coffee bars and vending machines, this could actually add up to a nice amount of money!

I already do this ‘salary sacrifice’ thing (paying for stuff out of gross salary to save money on tax and NI) on pension contributions, and childcare vouchers. Thinking of food and coffee as a benefit sounds strange though! 🙂

One Response to “Eating is a benefit”

  1. Furness says:

    Sounds like a good idea, i know i normally spend at least 4 quid a day at the works canteen