Government will 'actively monitor' salary sacrifice

clock

HM treasury will "actively monitor" the effect of salary sacrifice on tax receipts and has left the door open to cutting back on the benefit.

Many rumours and fears of action targeting salary sacrifice were circulated before today's Summer Budget announcement, but it appears nothing has been undertaken yet. However, HM Treasury has cl...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Latest pensions dashboard consultation 'missing the point' - Steve Webb

Latest pensions dashboard consultation 'missing the point'

Schemes given 90 days notice

Jenna Brown
clock 28 June 2022 • 4 min read
Joshua Croft: Pension scheme member compensation explained

Joshua Croft: Pension scheme member compensation explained

Compensation complication

Joshua Croft
clock 27 June 2022 • 3 min read
Transfer values continue to fall in May - XPS

Transfer values continue to fall in May - XPS

Lowest since June 2016

clock 27 June 2022 • 2 min read