Legislation
What is Optional Reumeration Arrangements (OpRA)?
Due Date
Ongoing
Summary
Consider OpRA the new name for Salary Sacrifice. However, OpRA goes further and adds more taxable elements.
The grandfathering period for the majority of Benefits in Kind (BIKs) has now come to an end, so BIKs will now come under the OpRA rules. This excludes cars, living accommodation, and school fees, which have a further four years to run.
More detailed guidance has also been issued which forms part of the Employer Income Manual (EIM) part for OpRA guidance:
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