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Salary Sacrifice Schemes

Salary sacrifice is a scheme that allows an employee to give up the right to receive part of their cash-pay due under her or his contract of employment in return for the employer's agreement to provide the employee with some form of non-cash benefit. Salary sacrifice schemes are offered to employees on a range of benefits such as computers, bicycles, mobile phones and childcare.

See Also

Childcare Voucher Help

Lower Earnings Limit

Minimum Wage

Over 65 Tax Allowance

Childcare Voucher Salary

Salary Sacrifice Warning

Employees' National Insurance Rates and Bands