Salary Sacrifice Pension - based on Banded Earnings
A Salary Sacrifice pension deduction is deducted from the employee’s pay before Tax and NI is calculated, which means the employee is due to pay less Tax and NI.
A Banded Earnings pension deduction is calculated as a percentage of the employee’s Qualifying Earnings between the lower limit and upper limit.
Add Employee Pension Deduction
Add Employer Pension Deduction
Enter Default Percentage for the Employee and Employer Pension Deduction