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state pension vs workplace pension

Do you get both the State Pension and a workplace pension?

Yes! You contribute both to the State Pension – if your earnings are above the NI threshold – and your workplace pension, if...
Salary Sacrifice examples

Salary Sacrifice examples and non-cash benefits

In a Salary Sacrifice scheme (or Salary Exchange), the employee agrees to give up part of their gross salary for a non-cash benefit....
Salary Sacrifice/Salary Exchange for pensions

Do you get tax relief on a Salary Sacrifice pension?

Taxpayers get tax relief on their pension contributions. But tax relief on a Salary Sacrifice scheme works differently compared to a workplace pension....
Employer pension contributions

Employer pension contributions: how much should they pay into my pension?

Employers pay into your pension the set minimum contributions required by law, or more if they wish so. This requirement is set by...
payroll for small businesses

Husky’s payroll service for small businesses

Every business with employees handles payroll, some outsource this task and some manage it internally. Payroll is often offered as part of accounting...
defined contributions

What is a defined contribution pension?

A defined contribution pension is a type of private pension used in a workplace pension or a personal one. Private pensions can be...

Tax year update for 2022/23

There are important changes coming up in the next tax year, starting on the 6th of April 2022.  National Insurance thresholds are changing.National...
benefits of salary sacrifice

The 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...
auto enrolment - the basics for employees

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...
defined benefit pension

What is a 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...
Tax traps and how to transform them

Income 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...

Understanding payroll for a small business

Payroll is one of the most important aspects of running a business. You need to pay your employees their salary and on time....

Outsourcing payroll with Husky Finance: what you need to know

Outsourcing payroll: what you need to know Payroll is the process of ensuring your employees get paid on time and the right salary,...
Occupational pension

What is an occupational pension?

Pensions are a tax-efficient way of saving money for your future self, once you decide to retire and enjoy your time. It’s like...
20211-22 AE thresholds

Auto-enrolment pension thresholds for 2021/22

If you are employed and you are not enrolled in a pension scheme, you should look into it. Pensions are a tax-efficient way...
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