MT Week - How salary sacrifice can increase your take-home pay

With inflation soaring and salaries stalling, many of us are feeling the squeeze.

I, for one, am constantly feeling like I’m saving less and less every month, even though I haven’t even maxed out my Fun Fund. 

So what if there’s a way to increase your take-home pay without getting a second job or begging for a payrise?

Well it is possible - by setting up a salary sacrifice arrangement.

Obviously it all depends on your circumstances, and whether your employers even offer it (sorry freelancers), but here’s how salary sacrifice works, and the pros and cons to think about.