Month

February 2022
There are important changes coming up in the next tax year, starting on the 6th of April 2022.  National Insurance thresholds are changing.National Insurance rates are increasing. The National Minimum wage is increasing.  We’ll discuss these changes further down as they are relevant to payroll and workplace pensions. National Insurance changes After the 6th of April...
Read More
benefits of salary sacrifice
Salary Sacrifice or Salary Exchange is an arrangement between the employer and the employee, where the employee agrees to give up a portion of their salary for a non-cash benefit. A non-cash benefit could include an electric car, a bike, employer-provided childcare among other benefits. Most people sacrifice their salary for pension contributions. The portion...
Read More
auto enrolment - the basics for employees
Having a retirement plan in place before the time comes is wise for your peace of mind. To do that, you need to know exactly what you’re entitled to in terms of pension money. To begin with, there are three types of pensions: State PensionWorkplace pensionPersonal pension. As of 2022/23, the State Pension will be...
Read More
defined benefit pension
It is important that people are aware of the type of workplace pension pot they’re saving in because a defined contribution pension scheme is different to a defined benefit one. A defined benefit pension guarantees a stable retirement income for life and it’s based on: the employee’s final salary or an average salary throughout their...
Read More
Tax traps and how to transform them
Article written by Matt Coppin, Wealth Management Adviser There are situations in which the UK’s complex tax system leaves employees paying very different percentages of the tax burden. We have highlighted below three common examples: The personal allowance 60% tax trap if you are earning £100,000+ Most people have a tax-free personal allowance of £12,570,...
Read More
We are using cookies to give you the best experience. You can find out more about which cookies we are using or switch them off in privacy settings.
AcceptPrivacy Settings

  • Husky Cookie Policy

Husky Cookie Policy

Our Cookies Policy explains what cookies are, how we use cookies, how third-parties we may partner with may use cookies on the Service, your choices regarding cookies and further information about cookies. 

See our cookies policy here.