SalSac
Software
Benefiting Independent Financial Advisers (IFAs) and Pension Advisers - our SalSac software system is a secure online database and website application.
The system saves you time by calculating the 'before' and 'after' salary sacrifice calculations while simultaneously creating an illustration for you to present to both your client and your client's employer.
Depending on your client's tax status there is a potential pension contribution increase of up to 28% without affecting the actual 'take-home' pay of your client.
There is also a potential benefit to the employer who has the option to retain some of the savings made by the reduction in employer national insurance contribution. If the employer elects to pass on all of the savings made to the employee then they themselves are no worse off.
Update
2010
Budget changes made in 2009 mean that those who earn £130,000 or more and use salary sacrifice may not receive the effect of higher rate or additional rate tax relief on their pension payments. However, any salary sacrifice agreement in position before 22 April 2009 for those earning more than £150,000, or before 9 December 2009 for those earning between £130,000 and £150,000, will be unaffected until the expiry of the agreement. More Information ...
Demo
SalSac
For a hands on demonstration of the SalSac system we have set up a fictitious company called ‘Retirement Planning UK’ to which you can log in to. System Demo ...
