We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
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
-
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
-
SAYE will not adjust your earnings for other tax or benefits purposes.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.4K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.4K Work, Benefits & Business
- 599.6K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards