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SAYE does it count towards adjustable net pay
Emmyjude
Posts: 1 Newbie
Hi, I am currently laying £500 a month into my work Save as you earn scheme. Can this be used to adjust my net pay I.e £6000 less on my net pay. I know SIPPs count to lower the net pay. Thanks in advance for any help with this.
0
Comments
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Depends on the scheme… but a lot are limited to £150/month for the tax saving aspect - though you’re free to put in more without the tax advantages. Your scheme rules are what you need to consult.0
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SAYE will not adjust your earnings for other tax or benefits purposes.0
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