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The benefits on offer at Wave: Pension A master trust pension scheme for all employees. Employees can contribute as much as they wish as long as it does not take their take-homepay below the minimum wage. Group income protection employer-paid for all employees, subject to acceptance by the insurer.
For the 2021/22 tax year (and through to 2025/26), the tax code for most people under 65 who only have one job or pension is 1257L. This means people can earn £12,500 tax-free, and only start paying tax on income over that amount. This is another important detail to check on a payslip, as it will impact the NI rate that people pay.
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