You offer all your employees the same amount of holiday but one member of staff says this isn’t enough. They’ve asked if they can buy some additional days from you. If you agree, are there any benefits for you in their arrangement?
If an employee buys extra holiday, you’ll save gross pay and employers’ NI and they’ll save tax and NI on each day bought. You have plenty of discretion in how a scheme operates and can set restrictions, e.g. applications can only be made once a year for the following holiday year.