Salary sacrifice calculators and guides to potential savings

Pensions

Salary sacrifice can significantly enhance the long term value of your employees' pension, as well as allowing you to enjoy considerable savings.

Use the pension salary sacrifice calculator to find out how much you and your employees can save.

This calculator is for information only and does not constitute advice. No guarantees are given or responsibility accepted for the effectiveness of any arrangements entered into as a result of using this calculator.

 

Childcare vouchers

Childcare voucher schemes can bring significant savings, perfect for reinvesting in other benefits or to help finance other initiatives or human resource.  You employees will also benefit from savings month on month.

Find out below how much you both can save with the Childcare Vouchers Salary Sacrifice Calculator.

 

Cycle to work scheme

As an employer you will benefit from many savings by introducing a cycle to work scheme.  If you are VAT registered, you can relaim the VAT on purchases, you will not pay Employers National Insurance Contributions on the amount yoru employees sacrifice to purchase their equipment and your purchases count as capital expenditure and it is therefore possible to claim capital allowance on the equipment.

We have included an example of how savings are made for employers and employees to include basic and higher rate tax payers on bike packages hire over a 12 month period.  The employee savings tables show with VAT* and without VAT@ values as a significant volume of employees work for employers whose core services do not involve VAT*.