2 h. ago Rachel Reeves to rush pensions tax raid into law to reassure markets

Legislation on salary sacrifice schemes expected to be introduced in weeks, even though it will not take effect until 2029

Economics

5 h. ago I earn £93,000 and salary sacrifice £620 a month in my pension, what will the cap cost me?

In the Budget the Chancellor announced a future restriction on the National Insurance benefit of salary sacrifice pension contributions. Here's what you need to know.

Economics

6 h. ago Fears of job losses and lower wages after Reeves' £4.7bn Budget tax raid on pensions

The Chancellor said salary sacrifice contributions, where workers forego wages in return for the money being paid directly into their retirement fund, will be capped at a fraction of their current rate.

Economics

10 h. ago Join Budget Q&A with our money expert – tackling pension and ISA options, income tax, salary sacrifice and more

Now the Budget has been revealed, how will Rachel Reeves’ announcements affect your money? Personal finance expert Gabriel Nussbaum (aka That Money Guy) is here to answer your questions...

Economics

22 h. ago Reeves has swung a huge sledgehammer that'll wipe £37,000 off your pension

The Chancellor has launched a stealth attack on 'salary sacrifice' company pensions, with a new £2,000 cap on the pension contributions that can be made with tax breaks.

Economics

25 h. ago What the UK Budget changes mean for your ISAs, savings, and pension

No rabbits were pulled out of the hat by Rachel Reeves in the UK Budget, with widely-trailed measures - such as changes to individual savings accounts (ISAs) and salary sacrifice pension contributions - confirmed by the Chancellor.

Economics

25 h. ago 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.’

Economics

27 h. ago How the Budget will affect you: Winners and losers from Rachel Reeves’ tax rises and new spending

Business owners, landlords and EV drivers were hit in the chancellor’s Budget

Economics

28 h. ago Budget crushes salary sacrifice in a blow to pension savers, what will it cost YOU?

Salary sacrifice schemes allow workers to take a supposed 'pay cut', with the money paid into their pension or put towards some other benefit like childcare instead.

Economics

28 h. ago Workers and businesses ‘will feel pain from £2,000 salary sacrifice cap’

Salary-sacrificed pension contributions above an annual £2,000 threshold will no longer be exempt from national insurance from April 2029.

Economics

28 h. ago Major salary sacrifice change announced in Autumn Budget 2025 and how it will impact you

Rachel Reeves' Autumn Budget has confirmed changes will be made on when earners pay national insurance on salary-sacrificed contributions

Economics

29 h. ago What Reeves' devastating pensions raid means for you, the people who will be thousands worse off

The Chancellor has launched a stealth attack on 'salary sacrifice' company pensions, with a new £2,000 cap on the pension contributions that can be made with tax breaks.

Politics

29 h. ago Budget 2025: Winners and Losers from Reeves' tax and spend plan

The Chancellor is targeting the wealthy while trying to protect people on low incomes

Economics

29 h. ago OBR budget leak as list of tax rises and salary sacrifice cap announced by Rachel Reeves

Chancellor Rachel Reeves has revealed her Budget just minutes after it was accidently leaked by the Office for Budget Responsibility moments before her speech today

Economics

30 h. ago How salary sacrifice schemes changes in Rachel Reeves’ Budget will affect you

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

Economics

30 h. ago Rachel Reeves confirms £2,000 cap on salary sacrifice pensions from April 2029

Rachel Reeves' Budget introduces a £2,000 annual cap on salary sacrifice pension contributions from April 2029, with amounts above this losing National Insurance exemption

Economics

30 h. ago Huge pension salary sacrifice change confirmed in Rachel Reeves' Budget

Rachel Reeves will use her Budget to confirm a new £2,000 yearly cap on how much money can save into your pension through salary sacrifice schemes

Economics

35 h. ago Rachel Reeves is set to unveil her Budget. Here’s what to expect

The chancellor is expected to announce a raft of tax hikes as part of her 2025 autumn Budget

Politics

48 h. ago Rachel Reeves announces the Budget on Wednesday. Here’s what to expect

The Chancellor is expected to announce tax hikes as part of the 2025 autumn Budget

Politics

51 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