• Page:
  • 1

TOPIC: Salary Sacrifice- car scheme

Salary Sacrifice- car scheme 3 weeks 2 days ago #102534

  • Calmul
  • Calmul's Avatar Topic Author
  • Offline
  • Fresh Boarder
  • Fresh Boarder
  • Posts: 1
  • Thank you received: 0
Hi,

I know that my monthly payment does not change at review unless there is a 25% change in my salary.

I am expecting a small pay rise in the coming mo the and my need for salary sacrifice childcare vouchers are coming to an end. I'm worried this increases my pay by over 25%. Would the CSA calculation take into account any monies that came off for a car under salary sacrifice?

Please Log in or Create an account to join the conversation.

Salary Sacrifice- car scheme 3 weeks 2 days ago #102535

hi,

all that i know is if you get pay rises, or more money for doing over-time, then that will get included the next time CMS review your case. as for your salary sacrifice issues, you should speak to your HR/Payroll dept and they can explain that better. ask them to give you some idea of what your revised salary will look like.

Please Log in or Create an account to join the conversation.

Salary Sacrifice- car scheme 3 weeks 1 day ago #102546

  • actd
  • actd's Avatar
  • Offline
  • Moderator
  • Moderator
  • Posts: 10816
  • Thank you received: 1681
I have the feeling that would be taken as a benefit, so I don't think you'd benefit. However, if you can increase your pension, you can do that by salary sacrifice, and under most circumstances, there is a national insurance benefit, as well as tax benefits to doing this.

Please Log in or Create an account to join the conversation.

  • Page:
  • 1
Moderators: Samantha Downes