Beat the child benefit cuts with salary sacrifice cars
Salary sacrifice benefits are well documented and understood
The financial savings speak for themselves but what isn’t as well understood is how sacrificing salary could reduce the impact of changes to the benefit system, The majority of benefits are based upon an employees gross salary, with the impact of salary sacrifice items such as pensions and cars this salary is reduced and for certain employees
this could keep you or move you into the income zone where you are eligible for benefits. Of course it’s not quite that straightforward and some calculation will include the benefit value of a car but depending on your income and how polluting the car is salary sacrifice could yield even greater benefits. Refer to your employee pack for more information on the positive and negative impact of salary sacrifice arrangements such as cars.