Saalry sacrifice

kazflan
kazflan Registered Posts: 36 ? ? ?
If an employee or director sells holidays back to the company, can the full value they are due to receive be paid into their pension through a salary sacrifice scheme?? Can this also be done for income received from shares?
I believe this can be done and will not have to be posted through payroll therefore attracting tax & NI.
This is a new area to me and have been asked to explain it, so any help will be really appreciated.

Comments

  • deanshepherd
    deanshepherd Registered Posts: 1,809
    Yes for selling holiday back.

    Income from shares? Do you mean a dividend?
  • kazflan
    kazflan Registered Posts: 36 ? ? ?
    Salary Sacrifice

    It is income realized on granted restricted stock units. It is taxable income and would normally be added to gross pay.
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