Salary sacrifice

Time is of the essence

Some schemes exempt

Move revealed in Budget documents

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.

Five key announcements advisers can expect from George Osborne

Scrapping salary sacrifice, rumoured to be part of the 8 July Budget, would do more harm than good but is likely to be high up on the Chancellor's agenda, providers have said.