A scheme through which you exchange parts of your salary for extra benefits. This makes the cash portion of your pay lower, hence you pay less income tax and national insurance.
Eligible benefits:
The salary sacrifice will be shown on your payslip and because it’s technically lower, you may have issues with mortgage applications. Note: your salary can’t be lower than national minimum wage.
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Here’s how Earnr helps Etsy sellers organise their income and pay themselves a regular salary
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As part of our interest in supporting Etsy sellers, we’ve been doing some digging into the current state of the Etsy world as lockdown becomes more and more a thing of the past.
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