Salary Foregone, also known as Salary Sacrifice, is a Revenue approved employee share plan linked to the Profit Sharing scheme which allows you to forego an element of pay to purchase additional Diageo shares.
Full income tax relief is allowed on the amount of pay foregone.
If you are eligible to receive an invitation to Salary Foregone a pack was posted to your home address on Monday 26 November 2018. The invitation pack contains the following documents:
- Covering letter and factsheet
- Salary Foregone application form
- Pre-Paid Envelope
If you have not previously completed a Contract of Participation you will have also received:
- Employee Booklet
- Contract of Participation
If you have not received your application pack by Thursday 6 December 2018 please contact us.
If you would like to join Salary Foregone 2019 please ensure your application form and contract of participation (if applicable) are returned to the shares team by Thursday 3 January 2019.
Baileys Salary Sacrifice
Invitations to Baileys Salary Sacrifice eligible participants were posted 22 November 2018. If you have not received your application pack by Wednesday 5 December 2018 please contact us.