9 h. ago How salary sacrifice schemes could change in Rachel Reeves’ budget

Many people are already thought to be heading for a tough retirement financially

Economics

14 h. ago Martin Lewis says 'don't put in another penny' ahead of Budget

Chancellor Rachel Reeves is expected to announce major changes at the Budget

Politics

15 h. ago Five Budget changes that could affect Scots when Rachel Reeves makes big announcement

The Chancellor will announce the long-awaited Budget on Wednesday.

Politics

18 h. ago Budget 2025 predictions as Rachel Reeves makes changes to tax, benefits and savings

Here The Mirror looks at what could be announced at the Chancellor Rachel Reeves's major Budget on Wednesday after months of speculation over possible tax hikes

Economics

34 h. ago Salary sacrifice schemes explained and how Rachel Reeves could change rules

Many people are already thought to be heading for a tough retirement financially

Politics

37 h. ago POLL OF THE DAY: Should a salary sacrifice tax break raid be used to fund the scrapping of two

Rachel Reeves is targeting the 'salary-sacrifice' schemes used by millions of private-sector workers for their pensions in an attempt to bring in around £3billion.

Economics

40 h. ago BBC expert gives state pension £241.30 April 2026 Budget update

Chancellor Rachel Reeves has also been warned about a raid on salary sacrifice schemes

Economics

49 h. ago Chancellor Rachel Reeves given grim budget warning by powerful business figure

CBI boss Rain Newton-Smith has dire predictions about the future of the economy unless Rachel Reeves changes her plans for Wednesday's doom-laden budget

Events

50 h. ago Reeves to launch crackdown on benefit fraud alongside lifting two

Move aims to bring in extra £1.2bn of savings as government seeks to head off criticism over welfare spendingYou be the chancellor: play our budget gameRachel Reeves will launch a fresh crackdown on benefit fraud at the same time as lifting the two-child limit for universal credit at a cost of £3bn, as ministers seek to head off criticism over rising welfare spending in the budget.The chancellor has made the decision to scrap the two-child limit in full, a move that will be welcomed by Labour MPs who have long highlighted its effect on increasing child poverty.Freezing income tax thresholds for an extra two years to 2030, bringing more people into higher tax bands as wages rise.Making salary sacrifice schemes less generous, including those for pension contributions.A pay-per-mile scheme on electric cars to help fill the tax gap from petrol duty as more people opt for green vehicles.Bringing in higher tax on the most expensive properties, including a surcharge on the highest-value ho...

Politics

67 h. ago Budget offers Rachel Reeves a chance to change course on North Sea

The windfall tax threatens an industry whose investments, skills and infrastructures are needed to make the transition to green industries

Politics

3 d. ago Workers’ pensions expected to soak up costs if Reeves taxes salary sacrifice schemes

Reeves faces employer backlash over a rumoured raid on salary sacrifice schemes

Economics

3 d. ago Pension scheme used by 5 million 'to be hit with new threshold' in Budget tax raid

The Treasury is reportedly preparing a tax change on a scheme used by millions that Rachel Reeves is said to view as 'unfair' to some people

Economics

3 d. ago Martin Lewis says these two changes need to come in Rachel Reeves 2025 Budget

Martin Lewis has said "It needs to stop" as he offers his advice for next week's Budget

Politics

4 d. ago Pension change warning issued to Rachel Reeves ahead of Autumn Budget 2025

'Any limitation could cause long-term damage to people’s retirement prospects'

Events

4 d. 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

5 d. ago House prices slump just seven days before Rachel Reeves' Budget as demand slows

The typical house price in the UK stood at £271,531 in September - down 0.6 per cent compared to August, according to the Office for National Statistics.

Economics

8 d. ago Autumn Budget pension rumours and how it could impact your retirement pot

From rules around how much of your pension you can take tax-free, to changes to salary sacrifice schemes, we round up all the speculation and reveal what it could mean for you

Economics

1 week ago What pension changes is Rachel Reeves considering in the budget?

One possible alteration was thought to be tax-free cash drawdowns, but the chancellor may have turned to salary sacrifice schemesRumours about what Rachel Reeves may, or may not, do to pensions in the budget continue to swirl.One much-debated possible change – cutting the amount of tax-free cash that people can take from their pensions – is said by some to be off the table, but reports have emerged that the chancellor has “salary sacrifice” pension schemes in her sights. Continue reading...

Economics

1 week ago Now Labour is coming for your bike! Rachel Reeves 'will cap spending on Cycle to Work scheme' in brutal Budget

The Chancellor is reportedly poised to introduce a new cap on how much people can spend on a bicycle through the salary sacrifice scheme.

Economics

2 w. ago Reeves 'plotting a raid on pension pots by targeting salary sacrifice schemes' as Labour peer questions why party promised not to put up income tax

The Chancellor is said to be looking at the option of limiting tax breaks on contributions for both employers and employees.

Economics