Salary Sacrifice = Double Saving 💼
If your employer offers salary sacrifice, you could save on Income Tax AND National Insurance.
Common options include pensions, electric vehicles, and cycle-to-work schemes.
🚴🚗💷 One decision. Multiple savings.
#SalarySacrifice #EmployeeBenefits #TaxEfficient
Samantha O'Sullivan, policy and advisory lead at payroll association Chartered Institute of Payroll Professionals (CIPP), dissects what the changes to salary sacrifice #pension schemes means for fashion retail employers, following the Autumn Budget in November last year.
#salarysacrifice #retail
Samantha O'Sullivan, policy and advisory lead at payroll association Chartered Institute of Payroll Professionals (CIPP), dissects what the changes to salary sacrifice #pension schemes means for fashion retail employers, following the Autumn Budget in November last year.
#salarysacrifice #retail
Can small businesses afford UK workers…? #nic #salarysacrifice #fiscaldrag #kemibadenoch #tories #budget
Samantha O'Sullivan, policy and advisory lead at payroll association Chartered Institute of Payroll Professionals (CIPP), dissects what the changes to salary sacrifice #pension schemes means for fashion retail employers, following the Autumn Budget in November last year.
#salarysacrifice #retail
What car does Santa drive? 🎄 🚗
Here's what the Wyre team think...
Ditch the sleigh and drive the EV you want, for less, with Wyre 🎅
#Wyre #SalarySacrifice #TryWyre #EmployeeBenefits
Salary sacrifice curb will hit 3.3m employees
Read more: davenports.info/4iSzDZT
#SalarySacrifice #EmployeeBenefits #IncomeTax #TaxChange #WorkplaceBenefits #PayrollNews
So #reeves and #starmer have decided that 'the everyone should pay their share' idea lasted a whole 10 days. Instead they've determined the Brompton Bikes get to pay for the 30 billion black hole. #ukPolitics #salarySacrifice #cycleToWork
What's the point of #SalarySacrifice? Buying discounted fancy luxury goods** effectively subsidised by government, or enabling consumers to support/realise some policy 'good';
pension-investment, #CycleToWork, or domestic green-energy schemes?
or is it solely pensions & cars?
Aye. And there’s no mention of addressing vehicle #SalarySacrifice despite this costing much more, and having many more adverse effects (which will include increasing the number of SUVs on our roads)
💷 What’s a salary sacrifice scheme?
It could save you and your employees on tax, boost benefits & even improve retention.
But there are risks to consider.
👉 Read our post here: zurl.co/mjeEE
#salarysacrifice #ukbusiness #payroll #accountingwise #accounting