In reply, HMRC said: "A salary sacrifice arrangement must not reduce an employee's cash earnings below the National Minimum Wage (NMW) rates." They highlighted an important restriction and said: ...

Government's tax arm spoke out on Twitter, now X, after a query from a taxpayer after they received their payslip recently.

HMRC responded: "A salary sacrifice arrangement must not reduce an employee's cash earnings below the National Minimum Wage (NMW) rates. Employers must put procedures in place to cap salary sacrifice ...

HMRC has clarified the regulations surrounding pension contributions in response to a public query. The tax body was asked over social media: "If salary sacrifice would take me below NMW [National ...

Regulations surrounding pension contributions have been clarified by HMRC. The tax authority was asked on social media: "If salary sacrifice would take me below NMW [National Minimum Wage] can the ...

Hannah English, head of DC Corporate Consulting with the firm, said: "The savings employers could benefit from, by introducing a salary sacrifice system for employee pension contributions, should not ...

HMRC has provided clarity on pension contributions rules following a query from a taxpayer. The individual asked: "If salary sacrifice would take me below NMW [National Minimum Wage] can the ...

Small companies will get some protection, as the Employment Allowance is going up from £5,000 to £10,500 and removing the ...