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When Employees Pay Less than the NIC Certification
Online Courses Learning

Summary

Price
£25 inc VAT
Study method
Online
Duration
1 hour · Self-paced
Qualification
No formal qualification
CPD
1 CPD hours / points
Certificates
  • Certificate of completion - Free
Additional info
  • Exam(s) / assessment(s) is included in price

Overview

Arrangements for pension-related salary sacrifice have become common over the years. They benefit employers and employees alike; however, certain measures should be taken into account when making the arrangements for protection.

Bonus or salary sacrifice arrangements changed in April 2017. However, arrangements related to pensions and related advice, cycle-to-work and childcare under employer support were exempt from the changes.

Certificates

CPD

1 CPD hours / points
Accredited by The CPD Certification Service

Description

This course covers salary sacrifices associated with pension contributions.

Firstly, we define the term salary sacrifice and illustrate how it works. The course states various tax-exempted benefits that can also be used with the arrangement.

Next, it explains in detail how salary sacrifice can benefit both employers and employees. It also covers how the arrangement can impact other employee benefits.

The course goes on to explain the role of employee agreement or consent in salary sacrifice. It explains the role of the employer and employee in implementing salary sacrifice and what usually happens. The role of HMRC and pension scheme trustees are also covered.

Finally, we provide information on defined contribution and personal pension and how it can be used with the arrangement.
You Will Learn:

The meaning of salary sacrifice
The benefits of salary sacrifice to employers
The benefit of salary sacrifice to employees
How salary sacrifice affects other employee benefits
The role of employers and employees in the agreement
The support that HMRC and pension scheme trustees provide
How defined contribution and personal pension are used with the arrangement

Benefits of Taking the Course:
Taking this course will help you understand:
Salary sacrifice: what it is and what is used for
How employers and employees benefit from salary sacrifice
How you can benefit from salary sacrifice
How employees pay less than the NIC
How you can reduce PAYE tax or benefit from tax relief
The role that HMRC and pension scheme trustees play in salary sacrifice

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FAQs

Interest free credit agreements provided by Zopa Bank Limited trading as DivideBuy are not regulated by the Financial Conduct Authority and do not fall under the jurisdiction of the Financial Ombudsman Service. Zopa Bank Limited trading as DivideBuy is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, and entered on the Financial Services Register (800542). Zopa Bank Limited (10627575) is incorporated in England & Wales and has its registered office at: 1st Floor, Cottons Centre, Tooley Street, London, SE1 2QG. VAT Number 281765280. DivideBuy's trading address is First Floor, Brunswick Court, Brunswick Street, Newcastle-under-Lyme, ST5 1HH. © Zopa Bank Limited 2026. All rights reserved.