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I’m looking for help understanding its purpose, benefits, and the way it helps employees save money from their salary.
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Posted : 24/03/2026 8:42 am
An employer can automatically transfer a portion of an employee's gross or net pay into a savings or investing account through a payroll deduction scheme called a Salary Saving Scheme. By automating the process and frequently providing tax benefits or better interest rates than traditional accounts, it promotes disciplined saving.
Posted : 01/04/2026 6:44 am
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