The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> VAT, Payroll & Tax -> Pension - Topping Up Employer Contribution
Post Info TOPIC: Pension - Topping Up Employer Contribution
Eva D Maytree


Member

Status: Offline
Posts: 6
Date:
Pension - Topping Up Employer Contribution
Permalink Closed

Hi all, my client would like to offer his employees the option to take a bonus as cash (through payroll) or to use it to top up their pension.  Can the employer do this by topping up the employer contribution as a one-off or does it have to go through as an employee additional contribution, thus impacting the employees salary?

The employer is using a Nest scheme, contributing 3%.

Many thanks, any advice is much appreciated :)



__________________
Leger


Master Book-keeper

Status: Offline
Posts: 3904
Date:
Permalink Closed

Hi Eva

 

Additional Employer Contribution, no impact on the employee 



__________________

John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
You


Member

Status: Offline
Posts: 11
Date:
Permalink Closed

Check with Nest that you can do this. One of them, think it might be PP, you cannot.



__________________
Diona


Veteran Member

Status: Offline
Posts: 69
Date:
Permalink Closed

It can be paid as additional employer pension (salary sacrifice).

__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> VAT, Payroll & Tax -> Pension - Topping Up Employer Contribution
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About