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[Solved] Salary Sacrifice- car scheme

 
(@Calmul)
New Member Registered

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?

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Topic starter Posted : 17/11/2019 5:01 pm
(@bill337)
Illustrious Member

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.

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Posted : 17/11/2019 6:55 pm
 actd
(@actd)
Illustrious Member

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.

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Posted : 19/11/2019 1:18 am
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