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Salary Sacrifice.

Pension contributions paid by an employer into an approved pension arrangement on behalf of employees are one of the only remaining ways of gaining a benefit that is not subject to tax and NI in their hands. By rearranging aspects of pay and bonuses or other benefits, the employer can pay additional pension contributions for the employee.

As pension contributions are not subject to employer's NI contributions, the employer can offer to pay some or all of the saving as an additional contribution to the employee's pension fund, a move likely to improve the employee/employer relationship.

Strict procedures must be followed, so for more information please Contact Us .





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