Home and Electronics is a benefit that lets you spread the cost of home and tech essentials with reductions to your gross salary before tax. This salary sacrifice arrangement also helps you save on National Insurance contributions (and pension contributions, where applicable).
You’ll be able to choose from thousands of products – from the latest laptops and smartphones to stylish furniture and essential appliances – all ordered in just a few clicks through the app and delivered to your home.
How it works
You sign an agreement to agree to give up part of your gross salary in exchange for the items you want.
Your order is subject to approval by your employer, and your salary reduction cannot take you below National Minimum Wage.
Your gross salary is reduced before tax, which will reduce your overall National Insurance contributions.
Please note: All orders need to be approved by your employer, and spending limits may apply.
Why it’s helpful
Spread the cost of big-ticket items through manageable instalments.
No upfront costs or credit checks, making it easier to get what you need.
A wide range of home and tech essentials to choose from.
Hassle-free delivery direct to your home.
This benefit is designed to support your financial wellbeing and give you peace of mind, whether you’re replacing a broken appliance or managing the cost of a new laptop.
FAQs
Do I have to pay tax on this benefit?
Do I have to pay tax on this benefit?
Yes. HMRC considers Home and Electronics a taxable benefit (Benefit-in-Kind). The tax is collected either through a change in your tax code, reported through the P11D process or via tax at source (payrolling of benefits), where the tax is taken automatically through payroll. The prices shown on the platform already factor the benefit in kind into the calculations.
Are there any upfront costs or credit checks?
Are there any upfront costs or credit checks?
No. You don’t need to pay anything upfront, and no credit checks are required.
Can I join the scheme if it reduces my pay below National Minimum Wage?
Can I join the scheme if it reduces my pay below National Minimum Wage?
No. Your employer will check this before approving your order, and you can’t join if your salary would drop below the legal minimum rate.
What happens if I leave my employer before the agreement ends?
What happens if I leave my employer before the agreement ends?
Any outstanding balance will usually be deducted from your final pay. If your pay is not sufficient to cover the full amount, you will be required to settle the remaining balance within 7 days, although this timeframe may vary depending on your employer.