In reply, HMRC said: "A salary sacrifice arrangement must not reduce an employee's cash earnings below the National Minimum ...
Government's tax arm spoke out on Twitter, now X, after a query from a taxpayer after they received their payslip recently.
HMRC has clarified the regulations surrounding pension contributions in response to a public query. The tax body was asked over social media: "If salary sacrifice would take me below NMW [National ...
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
Responding to the taxpayer, HMRC said: "A salary sacrifice arrangement must not reduce an employee’s cash earnings below the ...
More than half a million people are paying up to 60 per cent of the top chunk of their salary to the Labour Party government due to a “tax trap”, taxpayers have been warned.
HMRC has provided clarity on pension contributions rules following a query from a taxpayer. The individual asked: "If salary sacrifice would take me below NMW [National Minimum Wage] can the ...
By Cheryl Clements, business development manager, Tusker The clock is ticking. By April 2026, all UK employers must payroll ...
One mum of two reported missing £4,000 in her pension pot after taking maternity leave. This amount has now been repaid to ...
Employers also accrue tax savings: for example, an organisation which provides a 40% taxpayer with a Mercedes-Benz EQC through salary sacrifice will make an annual NIC saving of £1,987.
Anyone who has a bank balance of £11,600 or more have been issued a warning from HMRC. A personal finance ... could dip under it by using salary sacrifice. In turn, they would not only pay ...