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If I auto-enrol employees on a sacrifice basis, will allowing them to revert to higher cash pay on opting out create a tax charge?

No. HM Revenues & Customs has clarified that employees who opt-out of salary sacrifice or out of pension savings will not be penalised. Their employment contract will be amended as a consequence of them reverting to higher cash. http://www.hmrc.gov.uk/

Posted 4 years ago at 14:38 by Common Questions

careerz 360 answered at 09:34 10-04-2018

you are right

Can I auto-enrol using my employment contracts

Yes, you can do this. If you change contracts for existing employees, you will need to go through an employee consultation exercise. You could, instead, change the contracts for new employees only. There are a few pitfalls: for example, only employees who satisfy the 'jobholder' criterion are entitled to an opt-out window, and ...

Posted 4 years ago at 14:39 by Common Questions

Can I offer salary sacrifice with auto-enrolment?

Yes, you can, but it must not be made a condition of membership. As a consequence, employee communication may become complicated: the implementation of salary sacrifice will need careful consideration and planning

Posted 4 years ago at 14:39 by Common Questions

What if an employee is still serving a probationary period – do they have to be auto-enrolled?

Yes. If the employee is working or ordinarily working in the UK and satisfies the age and salary criteria, they must be auto-enrolled within three months of joining the company or of meeting the criteria, whichever is later.

Posted 4 years ago at 14:38 by Common Questions

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