Salary sacrifice is a tax-efficient way for contractors and freelancers to pay into their personal pension pot and save for retirement. Continue reading to discover the different ways you could benefit from salary sacrifice.
As a contractor, saving for retirement and making the most of your pension is incredibly important. Our latest article explains the difference between contributing to a pension via salary sacrifice and a workplace pension scheme.
As a result of workplace pension auto-enrolment, more and more contractors are saving towards a pension. One of the benefits of saving into a workplace pension is tax relief. The way it is given differs depending on the pension scheme you are enrolled into. Continue reading to discover how tax relief on your pension contributions works.
As an employer, umbrella companies are legally required to enrol their employees into a pension within three months. This blog will provide an overview of pensions with an umbrella company. There is the option to opt out of pension contributions, as we will explain.
Salary sacrifice is a great way to boost your personal pension pot by increasing the amount you contribute each time you are paid. If you’re a contractor, freelancer or agency worker and you require the services of an umbrella company, some can accommodate salary sacrifice – if it’s something you’re interested in. Continue reading to find out more about salary sacrifice.
