Negatives of dropping back into 20% tax?

[DickP]

Hi,

I’m considering a few options through salary sacrifice that I would benefit from which has the potential of dropping me back into 20% tax band (but only just).

Are there any significant negatives that I need to be aware of when considering?

If it makes any difference my employer pension contribution percentage is capped at 50k so is not likely to be affected.

Thanks,

[Eric Mc]

Less cash to spend.

[Consigliere]

Eric Mc said:

Less cash to spend.

exactly what he said

[DickP]

Okay straightforward then! Thanks!

[Winchmore]

Might affect the amount your could borrow on a mortgage.

[TwigtheWonderkid]

May effect your death in service benefit. Check with the insurer (not with your HR department, who often think they know the answer but don't).