PensionsDec 2 2024

What clients need to know about salary exchange after Budget changes

After engaging with this content, which carries an indicative 30 minutes of CPD, you will be able to:

  • Describe the benefits of salary exchange
  • Explain how it works
  • identify different ways of applying it by the employer
  • Describe the benefits of salary exchange
  • Explain how it works
  • identify different ways of applying it by the employer
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CPD
Approx.30min
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CPD
Approx.30min
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CPD
Approx.30min
What clients need to know about salary exchange after Budget changes
© Insta_photos/EnvatoSalary exchange allows employees to allocate part of their gross income to benefits such as pensions, which in turn reduces their NI contributions

The recent UK autumn Budget introduced a refreshed opportunity to benefit from salary exchange, reshaping the landscape for independent financial advisers who help clients navigate tax-efficient employment benefits.

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