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ft.com

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

sabato 8 novembre 2025 New tab

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ft.com

Reeves plans £2bn Budget raid on UK retirement savings

Move would reduce tax benefits from salary sacrifice pension schemes as chancellor aims to fill fiscal hole

ft.com·7 mesi fa
ft.com

Salary sacrifice shake-up: what it means for staff and employers

From 2029, workers will only be able to pay £2,000 into the scheme and receive tax relief

ft.com·7 mesi fa
ft.com

Millions face lower pensions after salary sacrifice changes

Cap on national insurance relief set to raise £4.7bn in 2029-30 and £2.6bn in 2030-31

ft.com·7 mesi fa
ft.com

This Budget’s tax decisions will haunt the government

The buffer Reeves built into her plans is admirable, but no guarantee of avoiding the nasty dilemmas to come

ft.com·7 mesi fa
ft.com

Rachel Reeves’ Budget raises tax take to all-time high

Burden to reach 38% of GDP by end of parliament

ft.com·7 mesi fa
ft.com

Starmer and Reeves ditch plan to increase income tax rates in the Budget

Chancellor explores alternative ways to raise revenue to fill fiscal hole estimated at up to £30bn

ft.com·7 mesi fa