Correct me if i am wrong but if i wanted to put a full £800 through a month it would still be beneficial.
Saving:
£800 x 21% Corp tax = £168
£800 x 20% on salary sacrifice = £160 + Employers and employees NI amount???
Total = £328+
Cost:
745 x 12.8% Employers NI = £95
745 X 20% BIK = £149
Total = £244
I have a min wage salary so NI would be minimal.
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