Why Choose Penfold for Salary Sacrifice?
Penfold’s salary sacrifice solution provides a win-win for your client's businesses and their employees.
- Boost Employee Pension Savings
Employees can add more to their pension pots without reducing their take-home pay.
- Reduce Employer Costs
Lower employer National Insurance with tax-efficient salary sacrifice pension contributions.
- End-to-End Expert Support
From consultation to implementation and beyond, our team simplifies every step.
How Penfold Supports Accountants
Our solution is designed to make life easier for you, by helping you offer additional value to clients and streamline pension management.
Get access to valuable resources, including:
- Savings Calculators
Show clients exactly how much they can save with our easy-to-use calculators.
- Compliance & Reporting Tools
Automated tools ensure that all salary sacrifice arrangements meet regulatory requirements, taking the stress out of compliance.
- Exclusive Training & Resources
Access to webinars, in-depth guides, and live demos specifically tailored for accountants.
See the Savings in Action
- Example for Accountants:
Based on the example above a practice could save 5 clients a total of £86,250 in National Insurance every year with Penfold’s salary sacrifice solution.
- Example for Employers:
With Penfold’s salary sacrifice solution, a business with 50 employees can save £17,250 in National Insurance costs within the first year alone - based on an average salary of £50,000.
Simplify Salary Sacrifice with Penfold
- Step 1: Free Consultation
Book a no-cost consultation with our experts to discuss your business needs and the benefits of salary sacrifice.
- Step 2: Bespoke Plan Creation
We’ll create a custom salary sacrifice plan tailored to your business, designed to maximise savings for you and employees.
- Step 3: Easy Implementation
Our team will guide you through setup, paperwork, and communication, ensuring everything’s everything runs smoothly.
- Step 4: Ongoing Support
We offer continuous support, compliance checks, and detailed reporting to keep your salary sacrifice arrangements on track.
What Our Clients Say
Penfold helped us to understand salary sacrifice really well. We had an overview meeting, were sent FAQs and Penfold also hosted a Pension Workshop to take our teams through the platform & salary sacrifice which was really helpful. The transition process is very straightforward and the team at Penfold do a super job at explaining each step.
Before Penfold, our pension scheme just wasn’t fit for purpose. We weren’t able to offer salary sacrifice and all employees who were earning above the basic tax rate had to claim back directly from HMRC The support offered by Penfold on the implementation and day-to-day support has been superb, and reduced the amount of work that the finance team had to do previously.
