Ryan Snodgrass
Joined: 8/12/2024
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RE: Adjusted Net Income (Tax Free Childcare and 30 free hours) - Salary Sacrifice
Hi HMRC. Can you clarify if the 'Salary sacrifice' for an electric car is counted as a deduction of the NET pay? E.g. you earn 110k per year and pay 20k salary sacrifice therefore your NET earnings are counted as 90k per year (there would then be any benefit in kind to add back onto this)?