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
Related reading
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
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
Cut hours and avoid promotions: how the £100,000 tax trap is shaping work
Fears of higher levies and loss of benefits prompt employees to make career decisions to stop their incomes rising
UK Budget’s pensions tax raid to raise over £3bn
Expected move by chancellor Rachel Reeves next week faces strong pushback from businesses
Please Rachel, don’t sacrifice workers’ pensions
Dismembering salary sacrifice is a short-sighted tax grab that will accelerate the UK’s retirement savings crisis
The UK must remove the pension triple lock
With each economic shock, it ratchets up the value of state retirement payments relative to average earnings