Turbo boost your pension with salary sacrifice and avoid National Insurance rate rises скачать в хорошем качестве

Turbo boost your pension with salary sacrifice and avoid National Insurance rate rises

Salary sacrifice is a way for your employer to make contributions to your pension that saves you income tax and National Insurance contributions. Instead, these levies are invested in your pension fund. Frozen Income Tax allowances and increased National Insurance makes the option of salary sacrifice as a way to fund your pension more appealing – you could say that it’s just got supercharged. Making pension contributions via salary sacrifice can save you and your employer National Insurance contributions. It will also be an attractive option when the new Health and Social Care Levy is introduced in 2023. Find out why and how salary sacrifice works. Thanks for checking out my YouTube 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 financial confidence. To explore whether I could help you, get in touch at https://www.mfpwealthmanagement.co.uk. Connect with me: On Twitter:   / justinkingcfp   On LinkedIn:   / justinking-online-retirement-planner-ifa   Or check out my podcast: https://www.theretirementcafe.co.uk/ 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!