12 h. ago Reeves’ salary sacrifice changes to hit 3.3mn pension savers

HMRC data points to impact of UK government’s crackdown on tax advantages of workplace schemes

Economics

16 h. ago 3.3m pension savers facing hit with salary sacrifice changes

HMRC said an estimated 7.7 million employees currently use salary sacrifice to make pension contributions.

Economics

18 h. ago Why workers earning £52,000 will be the hardest hit by tax raids

Analysis shows that those on middle incomes are set to be worst hit by Rachel Reeves' plan to charge National Insurance on pension contributions over £2,000 per year.

Economics

34 h. ago Why workers earning £52,000 will be worst hit by changes to salary sacrifice from 2029

Analysis shows that those on middle incomes are set to be worst hit by Rachel Reeves' plan to charge National Insurance on pension contributions over £2,000 per year.

Economics

2 w. ago Any salary sacrifice clampdown ‘would hit pension savers, firms and economy’

Pensions UK and the Federation of Small Businesses have sent a joint letter to Chancellor Rachel Reeves, urging her not to change salary sacrifice.

Economics

3 w. ago Reeves’ salary sacrifice tax hit could dent savers’ confidence, experts warn

Treasury plan to cap relief on pension contributions is set to raise £2bn a year

Events

last month How your pay could be cut by £560 a year in ANOTHER Budget change that Rachel Reeves is plotting

MILLIONS of workers could see their take-home pay cut under Budget plans being weighed up by the Treasury, industry experts have warned. The Society of Pension Professionals (SPP) has written to all 650 MPs urging the Government not to slash or scrap "salary sacrifice" for pension contributions. SPP says such a move would hit ordinary...

Economics