WebIf I was to liquidate some part of the shares, where would people advise saving/investing? Say amounts of €10k-€100k. I don’t want to add to pension. I don’t need cash in short term say next 5 years so could lock away, but very low interest rates don’t seem worthwhile. WebFeb 19, 2016 · James Dickens, principal at chartered financial planners Grierson Dickens, says someone with a basic salary of £100,000 who is awarded a £10,000 bonus should consider putting it in their pension.

I earn over £100k a year, how can I avoid losing my …

WebJun 30, 2024 · How to save $750,000 if you make $35,000 per year. Most financial advisors suggest that you put 10% to 15% of your salary into savings each year. If you aim to … WebIf you contribute 5k to a personal pension (outside salary sacrifice), the Personal Allowance begins to be tapered at £106,250 (100k + (£5000*1.25)) and would diminish at £131,390. So you wouldn’t necessarily have to bring your income to 100k, but it is the safest option to aim for to ensure you get the full Personal Allowance. popcorn 21

Your salary taxed at 60 per cent — the six-figure curse

WebJul 8, 2024 · Under a salary sacrifice scheme, your official salary would reduce by £1,500 (5% of £30,000) to £28,500. Your employer would pay the £1,500 you’ve sacrificed into your pension pot. This would be in addition to your employer’s own contribution (at least 3% of your salary under auto enrolment rules). WebFigures in the below examples are based on an average salary of £25,000 per employee, with each sacrificing the legal minimum contribution of 5% on a qualifying earnings basis. 1 scheme member. Salary sacrificed by the employee: £938. Employer NIC rate (2024/24): 13.8%. Employer’s yearly NIC savings: £129.44. WebJan 30, 2024 · Salary sacrifice could help you save on income tax and national insurance. Get expert advice here with our guide to salary sacrifice. Helping you make the most … popcorn 28