Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is a salary sacrifice scheme?

April 26, 2017Sacrifice salary Scheme

0

Posted

What is a salary sacrifice scheme?

1 Answer

0

Posted

Under a salary sacrifice arrangement an employee gives up the right to part of his or her salary and receives a non-cash benefit from the employer in return which will not be subject to tax or national insurance deductions. Further details about salary sacrifice are available on the HMRC website.