Yeah, that’s what I figured. The use of electric kettles isn’t widespread so I reckon people imagine they can just use them like an ordinary kettle

Right, because it’s about salary sacrifice

You have to imagine they’ve done that maths, though, right? They didn’t just pick £2k out of nowhere. Plus, honestly, individuals earning £100k are likely the people they should be targeting.

Anyway, Stephen’s deleted the misinformation now so I can duck out of this and wish you goodnight.

I’m glad Stephen deleted his post because this was starting to send me insane!

Loads. And they already pay NI on that. This doesn’t affect them!

Sure, yes. How many employees utilise those schemes? How many sacrifice more than £2k of their salary?

NI on pension withdrawals isn’t a thing, but you pay NI on pension contributions (unless you use salary sacrifice up to £60k)

Sure, but it doesn’t impact your regular pension contributions. You already pay NI on those. It’s only if you salary sacrifice. Do we have numbers on how many people do that and do what levels? My bet is not many, and certainly not up to £60k.

Income tax, yes. National insurance you pay on your pension contributions. Unless you explicitly do a salary sacrifice, which is what this is targeting.

But this only relates to salary sacrifice contributions. I’m not sure it’s going to impact that many people.

You already pay NI on all pension contributions. Salary sacrifice is a separate thing where you can reduce your overall salary and pay it into your pension (or buy an EV or whatever). This change only impacts salary sacrifice contributions.

But this is just for salary sacrifice contributions. If you can afford to sacrifice £60,000 of your salary, I’m fine with you paying more NI…

Here’s the context from the paragraph before it:

But this is just about salary sacrifice contributions, right? This doesn’t impact the standard minimum 3% employer and 5% employee contributions. This is only if you opt to contribute more in a salary sacrifice scheme.

Yeah, if it wasn’t already a foregone conclusion, Woolwich have won the league.

Love a good roast chicken!

I am absolutely stuffed now, AJ!

It’s come out an absolute treat!

I love roast potatoes. These were so fluffy on the inside.