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CSA and Pension payments

Hi

My company pension has recently changed.
We are required to pay quite a bit extra into it now.

I'm not sure of all the ins and outs of it, but it's a salary sacrifice scheme. i.e it is taken from my salary before other stoppages are taken into account, like tax and national insurance.

Does the CSA take this into account when doing a reassessment?


Thanks for any info on this.

Comments

  • shoe*diva79
    shoe*diva79 Posts: 1,356 Forumite
    What CSA scheme are you on?
  • glib
    glib Posts: 9 Forumite
    Tenth Anniversary Combo Breaker
    CSA 2

    It says that pension payments are taken into account, it's just this salary sacrifice aspect of the pension scheme, that I need clarifying on.

    Thanks
  • shoe*diva79
    shoe*diva79 Posts: 1,356 Forumite
    glib wrote: »
    CSA 2

    It says that pension payments are taken into account, it's just this salary sacrifice aspect of the pension scheme, that I need clarifying on.

    Thanks

    Your payments will be assessed on your net pay, ie after salary sacrifice.

    If you salary sacrifice a lot then your ex could ask for a variation if your aim was to try and divert income to lower CM liability.
  • Has your actual take-home pay changed by more than 5% since your last assessment? If not, then it's unlikely that a reassessment will take place as the income wouldn't breach the tolerance level.
  • glib
    glib Posts: 9 Forumite
    Tenth Anniversary Combo Breaker
    Yes, it has changed by more than 5%

    I'll give it another couple of months and ask to be reassessed.

    Do you know if there is a % change that allows the ex to ask for a variation?

    Thanks
  • Crellow4
    Crellow4 Posts: 276 Forumite
    There is no percentage cut off point for your ex to apply for a Variation. If she is unhappy with the outcome of any reassessment, on the basis of increased pension contributions, she can apply for a Variation.
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