All the updated news related to salary sacrifice

All the news related to salary sacrifice updated in real time

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Life

How salary sacrifice schemes could boost your income

Salary sacrifice schemes can be a handy way for employees to make their money go further, but many people may not know whether their firm offers one, or how it could benefit them. Such schemes are an agreement between you and your employer to reduce ...

12 May 2023 at 09:00

Life

4 myths about workplace salary sacrifice schemes busted by an expert

Agreeing with your employer to “give up” a chunk of your salary may not sound like a fantastic financial deal – but workers can potentially make their money go further by using salary sacrifice schemes. Yet just over a fifth (22%) have either never ...

04 Oct 2024 at 08:00

Personal Finance

Any salary sacrifice clampdown ‘would hit pension savers, firms and economy’

Any potential clampdown on salary sacrifice or pensions tax relief in next week’s Budget would risk damaging public confidence in the pensions system and undermining economic growth, organisations representing the pensions industry and businesses ...

21 Nov 2025 at 16:30

What are salary sacrifice schemes and how do they work?

A tax raid on salary sacrifice schemes could be announced in Wednesday’s Budget, reports suggest, raising fears that some people’s retirements could be put at risk. Here is a look at how salary sacrifice schemes for pensions work and what has ...

24 Nov 2025 at 15:28

How will some workers’ pensions be affected by salary sacrifice changes?

A £2,000 salary sacrifice cap on pensions, announced in the Budget, is a “tax penalty on people trying to do the right thing”, a pension expert has said. Here is a look at how salary sacrifice schemes work and how they will change under a ...

26 Nov 2025 at 17:51

Life

How Rachel Reeves’ budget might impact your pension

Chancellor of the Exchequer Rachel Reeves stood outside Downing Street on Wednesday with the iconic red box before outlining key budget changes in the House of Commons. While many of us were tuned into her plans to battle the downgrade ...

26 Nov 2025 at 15:51

Personal Finance

3.3m pension savers facing hit with salary sacrifice changes

Around 3.3 million pension savers are on course to be clobbered by salary sacrifice changes announced in the Budget, HM Revenue and Customs (HMRC) figures indicate. Guidance published online by HMRC about the changes said an estimated ...

05 Dec 2025 at 09:30

Personal Finance

Some pension savers ‘expect to cut contributions after salary sacrifice changes’

More than a quarter of pension savers in salary sacrifice schemes are aiming to boost their contributions before a squeeze on the schemes takes effect, a survey indicates. And around one in 10 said they expect to decrease their ...

07 Jan 2026 at 00:01

Personal Finance

Salary sacrifice pension changes ‘could see people on modest incomes losing out’

Concerns that plans to restrict rules around salary sacrifice schemes for pensions could hit workers on only modest incomes have been raised, following the publication of analysis. From April 2029, salary-sacrificed pension ...

05 Feb 2026 at 17:57

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