Salary sacrifice means you stop making pension contributions personally and get your employer to make them all for you. Salary sacrifice pension is the best taxsaving opportunity available to most regular employees on a salary.

That’s because the national insurance saved on your pension contributions are added to your pension pot, along with the income tax relief you already receive. With the recent increase in national insurance rates from 6th April 2022, salary sacrifice has become even more attractive.

Here’s all you need to know about which schemes are eligible and how salary sacrifice schemes work.

Buy my new book: The Retirement Café Handbook – Nine Accelerators for a Successful Retirement: https://amzn.to/3Q686I8

Other videos about pensions you might like:    • Pensions  

Thanks for checking out my You Tube channel I’m Justin King and my aim is to help people to live successful lives. That often involves understanding your money.

If you enjoy this video, please press the like button to help more people like you find my channel.

If you're planning your retirement and want to make the best use of your wealth to provide for your family throughout retirement and beyond, or work out how best to pay for a loved one’s care, I may be able to help you.

As a Chartered Financial Planner at boutique retirement planning practice, MFP Wealth Management, I help successful people retire with complete confidence.

To explore whether I could help you, get in touch at https://www.mfpwealthmanagement.co.uk.
Get my weekly newsletter: https://bit.ly/MFPnews
Check out my podcast: https://www.theretirementcafe.co.uk/

Connect with me:
On Twitter:   / justinkingcfp  
On LinkedIn:   / justinkingonlineretirementplannerifa  

This video is for information and entertainment only. Nothing on this channel constitutes financial advice. Please do not make any decisions based on the contents of my videos; seek professional independent financial advice first!