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How long is probation before I can use salary sacrifice?

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
BroraPostie
Posts: 2
Joined: 06 Mar 2022, 09:40
Gender: Male

How long is probation before I can use salary sacrifice?

Post by BroraPostie »

Hi was just wondering how long I have to wait before I can use my salary sacrifice to be able to purchase tech ect . Thanks
WASD
EX ROYAL MAIL
Posts: 375
Joined: 03 Jul 2019, 12:15
Gender: Male

Re: How long is probation before I can use salary sacrifice?

Post by WASD »

At a guess, a year. Though someone here should know.
crazyshrew
Posts: 584
Joined: 19 Jun 2011, 16:58
Gender: Female
Location: Coastal, South West

Re: How long is probation before I can use salary sacrifice?

Post by crazyshrew »

Do not use salary sacrifice for tech unless you absolutely need to, you may save a bit on NI, the tax saving will catch up with you at the end of the year and the items on offer are grossly overpriced. I was looking at a TV and could easily find it at half the price all over the place often with 0% finance
Kenfandango
Posts: 694
Joined: 19 Oct 2021, 16:40
Gender: Male

Re: How long is probation before I can use salary sacrifice?

Post by Kenfandango »

I was able to apply before I'd been there 6 months but as stated above it's all overpriced, and you'd still be paying it off when the item is obsolete.
loyalsnail
Posts: 132
Joined: 23 Feb 2011, 10:24
Gender: Male

Re: How long is probation before I can use salary sacrifice?

Post by loyalsnail »

crazyshrew wrote:
08 Aug 2022, 08:54
Do not use salary sacrifice for tech unless you absolutely need to, you may save a bit on NI, the tax saving will catch up with you at the end of the year and the items on offer are grossly overpriced. I was looking at a TV and could easily find it at half the price all over the place often with 0% finance
This.

Electric cars and Cycles are about the only things worth getting through MyBundle
ted_e_bear
Posts: 4088
Joined: 03 Sep 2012, 19:37
Gender: Male

Re: How long is probation before I can use salary sacrifice?

Post by ted_e_bear »

loyalsnail wrote:
12 Aug 2022, 09:30
crazyshrew wrote:
08 Aug 2022, 08:54
Do not use salary sacrifice for tech unless you absolutely need to, you may save a bit on NI, the tax saving will catch up with you at the end of the year and the items on offer are grossly overpriced. I was looking at a TV and could easily find it at half the price all over the place often with 0% finance
This.

Electric cars and Cycles are about the only things worth getting through MyBundle
+1, the tech is way overpriced, but the reloadable gift cards are a good way of saving money, supermarkets usually 5% saving so it adds up to a decent amount quite quickly.