Salary Exchange

Jeremy Hunt’s new childcare plans have sparked concern, especially for parents approaching the £100,000 income mark. This threshold signifies a significant loss of childcare support under the government’s free childcare […]

What is Salary Exchange?   Salary Exchange involves an agreement between an employee and employer.   The employee’s employment contract is modified to indicate their decision to exchange a portion of future

In recent years, there were concerns that the practice of making pension contributions through salary exchange (also known as salary sacrifice) might be discontinued. This topic has been a recurring

Government Support for Salary Sacrifice In recent years, there were concerns that the practice of making pension contributions through salary exchange (also known as salary sacrifice) might be discontinued. This

Can a Salary Exchange Agreement Be Altered?     A salary exchange agreement can typically be altered in various situations. For instance, if an employee chooses to opt out of an

Husky joined HRUX on a Salary Exchange Webinar.   HRUX talked about Salary Exchange (Salary Sacrifice) more generally. Harvey Pekins highlighted the benefits of salary exchange into electric cars, explaining how

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.

In a Salary Sacrifice scheme (or Salary Exchange), the employee agrees to give up part of their gross salary for a non-cash benefit. This scheme is mostly known to boost

Salary Exchange is a zero-cost employee benefit that increases your employees’ take-home pay (and potentially their pension pot) while also leaving more cash in your business. What is Salary Exchange?

Taxpayers get tax relief on their pension contributions. But tax relief on a Salary Sacrifice scheme works differently compared to a workplace pension. A Salary Sacrifice scheme – or Salary Exchange –