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What about other “means tested” implications like student loans, “universal credit”?

A Salary Sacrifice can impact certain means-tested benefits or costs. These are based on your income and some state allowances. For example, student loan repayments could reduce. You may need to take specific financial advice based on your own circumstances.

Salary Sacrifice is unlikely to work for those on low incomes, as your take home salary is legally not allowed to fall below the national minimum wage.

A Salary Sacrifice can impact certain means-tested benefits or costs. These are based on your income and some state allowances. For example, student loan repayments could reduce. You may need to take specific financial advice based on your own circumstances.

Salary Sacrifice is unlikely to work for those on low incomes, as your take home salary is legally not allowed to fall below the national minimum wage.

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