▲ 0 r/PensionsUK
Salary sacrifice
Hi folks, struggling here and would appreciate the help sense checking my rationale. Base salary is 59k and have plenty of funds for day to day living and saving. Should I be looking to bring that down to 50k via salary sacrifice to save the 40% tax? I'm working this out as effectively a 15% employee contribution, 9k being 15% of 59k. Is this accurate?
u/Timsunset — 15 hours ago