Salary sacrifice

Employers and employees will ‘face higher costs’ from salary sacrifice changes

Two-thirds think changes will mean paying more National Insurance

'While this policy alters the landscape, it arguably represents an adjustment rather than a fundamental reform'

The editor's Friday Night Takeaway from 19 December

‘It doesn't take much of an error in those figures to have no benefit whatsoever’

Enquiries for financial advice up by nearly a quarter following Budget

Government releases impact assessment

Restriction will raise £4.7bn in 2029/30

Responding to the chancellor’s decision to cap salary sacrifice for pensions at £2,000

Measure will come into force from April 2029