I've been contracting for a few months with Parasol and have just discovered that they pass on employer's NI on what are described as 'employer's pension contributions'.
My understanding was that employee's pension contributions are subject to both forms of NI, but that employer's were not.
The apparent reason for the charge is that the Parasol pension scheme 'works like a salary sacrifice scheme but is not technically a salary sacrifice scheme'.
Can anyone shed any light on what the set-up of the scheme might be, or is this really just a 'hidden fee' by Parasol?
My understanding was that employee's pension contributions are subject to both forms of NI, but that employer's were not.
The apparent reason for the charge is that the Parasol pension scheme 'works like a salary sacrifice scheme but is not technically a salary sacrifice scheme'.
Can anyone shed any light on what the set-up of the scheme might be, or is this really just a 'hidden fee' by Parasol?
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