Salary Sacrifice

What Is Salary Sacrifice And How Does It Work?

What is salary sacrifice? Salary sacrifice, also known as salary exchange, is an agreement between you and your employer. You give up part of your gross salary, and in return your employer gives you a benefit of the same value. Because your salary is reduced before Income Tax and National Insurance (NI) are taken, you …

How To Sign Up For A Season Ticket Loan

Travel by train or bus? Tired of ever-increasing costs and your commute being so costly? A Season Ticket Loan could be the answer.Β  If your employer offers Season Ticket Loans as a benefit, you can easily sign up to use it directly from your My.Drewberry dashboard. In the below guide, we’ll show you everything you …

Approving Season Ticket Loans πŸš†

Season Ticket Loans are a valuable benefit for your employees, helping them manage the cost of their daily commute. Now, you can easily offer and manage these loans directly through the My.Drewberry platform. See below to learn more. πŸ‘‡ See Season Ticket Loan In Action ο»Ώο»Ώο»Ώ If you offer a Season Ticket Loan Scheme as …

Why Use Salary Exchange When Making Pension Contributions…

What is Salary Exchange? Salary exchange also known as Salary Sacrifice is a common way to make tax efficient pension contributions via your employer. Put simply, it’s an agreement between you and your employer where you exchange part of your gross salary for a pension contribution. It works in the same way as other salary-related …

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