dataplan payroll services

Salary sacrifice and Pensions - are they compatible?

Salary sacrifice and Pensions - are they compatible?
Tuesday, 09 October 2012 07:10

Having already confirmed that salary sacrifice arrangements were compatible with automatic enrolment, HMRC has also confirmed that a salary sacrifice scheme can also work in tandem with those employees who are members of pension schemes on a contractual basis.

In an updated Q&A section on their website HMRC have clarified that salary sacrifice could

  • be used in conjunction with auto enrolment 
  • accommodate opt outs
  • where opting out a refund of salary (subject to tax & NI) can be made

For more information about auto enrolment and how it may affect your payroll contact us for your free "Bluffers Guide to Auto Enrolment"

Want Super Hero Customer Service?

Get a quote
dataplan payroll services
f0d8