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How will the salary sacrifice be shown on my personal payroll and tax documents?

April 26, 2017documents payroll Sacrifice salary tax

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How will the salary sacrifice be shown on my personal payroll and tax documents?

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You will see the reduction on your monthly payslip. Your P60 will however reflect your taxable salary i.e. your gross pay minus salary sacrifice. You must bear this in mind when using your P60 for financial reference. Financial institutions usually recognise salary sacrifices and understand how this affects salary reporting.