Annual Leave Purchase Scheme

Posted by rmt22 at Apr 16, 2019 02:06 PM |
The Annual Leave Purchase Scheme will be open again for applications from 1 to 31 May 2019.

We want to provide staff at the University with the greatest amount of flexibility in their working life, so we are again offering the chance for you to 'buy back' annual leave.

If you meet the eligibility criteria set out in the scheme you have the opportunity to purchase additional annual leave days on top of your existing entitlement through a salary sacrifice scheme. Buying additional annual leave in this way means that you will benefit from exemption from tax and NI on the cost of the additional days.

The maximum amount of leave you will be able to purchase in the May window is five* days. However, please note that if you have already purchased additional leave for 2019, you will not be permitted to purchase further leave if doing so takes you over the maximum number of ten* days permitted in the current leave year (*or the pro-rata equivalent for part-time staff).

For more information about the annual leave purchase scheme, please take a look at our content on SharePoint.

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