Salary sacrifice is an arrangement where your employees give up part of their future earnings in exchange for a non-cash benefit.
Whilst this can be used for a number of benefits such as childcare vouchers, cycle to work, this guide focuses on salary sacrifice’s use for pension benefits.
In this guide we'll look at:
With employee pension contributions due to increase to 5% over the next few years, why not take advantage of the National Insurance Contribution savings that salary sacrifice offers?
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