My work 申し込む／申し出s a salary sacrifice 年金 - should I 調印する up?
- Salary sacrifice 計画／陰謀s 許す 従業員s to 支払う／賃金 more into their 年金
- You could lose out on salary-based 従業員 利益s 予定 to a lower salary
- ?Higher 年金 出資／貢献s now will 生成する 構内／化合物 growth over time
My 雇用者 is 申し込む／申し出ing an 選択 to make my 年金 出資／貢献 経由で a salary sacrifice, or salary 交流, 計画／陰謀.
They say that this means I can 与える／捧げる more to my 年金, but still take home the same 支払う／賃金 each month. How does this work, is it 価値（がある） 調印 up to, and are there any downsides?
What is the best 選択 to grow my 年金? L.V
税金-efficient: Salary sacrifice 計画／陰謀s mean that you will 支払う／賃金 いっそう少なく in 国家の 保険
Harvey Dorset of this is Money replies:?Making the most of your 雇用者's 年金 計画／陰謀 is more important than ever ーするために 基金 a comfortable 退職.?
Many will already be 支払う／賃金ing into a defined 出資／貢献 年金 計画（する） every month thanks to 自動車-enrolment.?
However, you can do this in different ways. And if you have more than one 選択 there may be a more 効果的な way to grow your 年金, a salary sacrifice 計画／陰謀 is one way savers can 潜在的に do that.
申し込む／申し出d by some 雇用者s, often larger companies, salary sacrifice 年金 計画／陰謀s see 従業員s give up part of their salary, which is then paid by the 雇用者 直接／まっすぐに into the 従業員's 年金.
Whilst this 減ずるs your 名目上の 収入s, it means that the 部分 of your salary that you would ordinarily 支払う／賃金 into your 年金 after 税金 and then get 税金 救済 追加するd to, is instead paid in before 税金.
There is an extra saving from doing this, as it means?both 雇用者 and 従業員 do not have to make 国家の 保険 出資／貢献s on the 量 of salary sacrificed into the 年金.
最終的に, salary sacrifice means that your 年金 支払い（額） is 解放する／自由な of both 所得税 and NI. By comparison,?計画／陰謀s where 年金 出資／貢献s are made after 税金 and then 税金 救済 is （人命などを）奪う，主張するd only get the 所得税 element 支援する.
Salary sacrifice 最終的に means that you can get more into your 年金 for a lower cost.?
It might sound like a 勝利，勝つ-勝利，勝つ - but the downside is that those who 調印する up could lose out on some 利益s linked to their salary, so this needs to be considered.
This is Money spoke to a 年金s 専門家 on whether a salary sacrifice 計画／陰謀 could be the 権利 move for you.
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How does salary sacrifice work??
Not for everyone: 示す Futcher recommends checking with your 雇用者 whether the 計画／陰謀 is best for you
示す Futcher, partner and 長，率いる of defined 出資／貢献 年金s at consultancy Barnett Waddingham replies:?Salary 交流, also known as salary sacrifice, can be a 広大な／多数の／重要な thing for 雇用者s to 申し込む／申し出 their staff - but it can be 混乱させるing to work out if it's the best 選択 for you.
In a nutshell, salary sacrifice means you can make 支払い（額）s to your workplace 年金 協定 in a more 税金-efficient way, by 申し込む／申し出ing 国家の 保険 (NI) 貯金 for both the 従業員 and 雇用者.
It's important to know that it is a formal 協定 between you and your 雇用者, 影響する／感情ing your 条件 and 条件s of 雇用 with regards to 支払う／賃金 and 利益s.?
With a 'normal' workplace defined 出資／貢献 年金, you have an agreed contractual salary, but before it lands in your bank account you 支払う／賃金 a 百分率 to your workplace 年金.? Your 雇用者 also 支払う／賃金s a 百分率, and the 政府 最高の，を越すs it up.
With salary sacrifice, your contractual salary is 減ずるd in 交流 for 雇用者 出資／貢献s, rather than you making 支払い（額）s 直接／まっすぐに as an 従業員 支払い（額）. As 支払う／賃金 is 減ずるd, neither yo u nor your 雇用者 支払う／賃金 NI on the 量 of the salary 交流d.
Salary sacrifice can't take your salary below the 国家の Living or 国家の 最小限 行う, so you will be 除外するd if this is the 事例／患者. There may also be a 最大限 限界 which you 支払う／賃金 in, so as not to inadvertently bring you below 確かな NI 限界s, which could 衝撃 your 適格（性） for some 明言する／公表する 利益s.
The main advantage of 支払う／賃金ing 経由で salary 交流 is the 減ずるd 国家の 保険, and therefore higher take-home 支払う／賃金. There's usually no 衝撃 on 所得税.?
If you're a higher 率 taxpayer then 支払う／賃金ing 経由で salary 交流 will mean there is no higher 率 税金 救済 to （人命などを）奪う，主張する on your 支払い（額）s, as you're not 税金d on the salary 交流d or sacrificed.
Salary sacrifice can give you more take home 支払う／賃金?
As an example, for an 従業員 who earns £35,000 a year, 与える／捧げるing 5 per cent into their 年金 and receiving 5 per cent from their 雇用者, their total 年金 出資／貢献s will be £3,500 regardless.?
Under the salary 交流 method however, take home 支払う／賃金 would 増加する by £140 over the year.?
This example is based on the 2024/25 税金 year - please remember that the 税金 治療 depends on your individual circumstances and may be 支配する to change in the 未来.
Salary sacrifice isn't suitable for everyone. If you're 自信のない on how this may 衝撃 you it is 価値（がある） checking with your 雇用者 and they should be able to support その上の.?
As について言及するd before, there can be some drawbacks which 衝撃 those on lower incomes or levels of 明言する／公表する 利益s, such as statutory maternity leave or disability 利益s.
The 最近の Spring 予算 発表するd that NI is 減ずるing from 10 per cent to 8 per cent from 6 April 2024.?
This 削減 will 減少（する） the level of NI 貯金 経由で salary 交流, for those that are 適格の.
Is salary sacrifice the best 選択 for me?
Once you've checked you're 適格の and that you won't lose out on other 支払う／賃金-関係のある 利益s, there are three main 推論する／理由s salary sacrifice might be 価値（がある） it for you.
雇用者 出資／貢献s: Some 雇用者s may pass on some of their NI 貯金 from salary 交流 by 支払う／賃金ing more into your workplace 年金, その上の 上げるing 年金 貯金. It's 価値（がある） asking your 雇用者 how this will 衝撃 their level of 出資／貢献s.
構内／化合物 growth: Higher 出資／貢献s now will 生成する 構内／化合物 growth over time, like a snowball, because of （株主への）配当s and 利益／興味 率s. This means 与える／捧げるing more 早期に should leave you with a larger 退職 マリファナ.
Child 利益/全世界の／万国共通の Credit: As salary sacrifice 減ずるs 支払う／賃金, this could 増加する the level of 全世界の／万国共通の Credit or 増加する the main entitlement to Child 利益 if you're 適格の for those 明言する／公表する 利益s.
If you're worried or in 疑問, it's 価値（がある） chatting through your 明確な／細部 財政上の 状況／情勢 with a 財政上の 助言者, or looking on the 政府's 'Money Helper' website for more （警察などへの）密告，告訴（状）.
