TITLE

Guidelines to help business with HCI admin

PUB. DATE
June 2004
SOURCE
IT Training;Jun2004, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Office of Fair Trading has issued guidelines for businesses using the Home Computing Initiative (HCI), which allows employers to lease computers to their staff to help them improve their information technology (IT) skills. Employers must ensure that the contract is a hire agreement, and not a hire purchase agreement. Chris Morris, the MD of HCI scheme provider Booost, said that paying for the loan of a personal computer by means of salary sacrifice is financially beneficial to an employee, because of the NI and PAYE savings they make.
ACCESSION #
14576592

 

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