Changes to salary sacrifice rules are prompting mounting concern across employers and savers, with research from Hymans ...
What are salary sacrifice schemes and how do they work? - Speculation has mounted in recent days that salary sacrifice schemes for pensions could be curbed in the Budget.
Workers’ pensions could shrink by tens of thousands of pounds if the chancellor introduces national insurance on salary sacrifice schemes in next week’s Budget, a survey suggests. Research by the ...
How will some workers’ pensions be affected by salary sacrifice changes? - Capping salary sacrifice for pension saving has been described as ‘a short-sighted tax grab which will lower pension saving.’ ...
The pensions industry has rallied in a last-ditch attempt to dissuade the government from changing salary sacrifice rules, just days ahead of the Budget. With chancellor Rachel Reeves set to deliver ...
Legislation on salary sacrifice schemes expected to be introduced in weeks, even though it will not take effect until 2029 ...
The government has confirmed it will introduce a £2,000 per year cap on the amount workers and their bosses can add into pensions via salary sacrifice before being hit with National Insurance (NI).
Chancellor Rachel Reeves delivered a Budget that takes UK taxes to an all-time high, hitting workers, the wealthy and business to fund higher welfare spending and build up her emergency buffer.
The Chancellor has unveiled a range of measures in the Budget, including a new tax on electric vehicles and a freeze in fuel duty.