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UK politics
fromLondon Business News | Londonlovesbusiness.com
4 days ago

Reeves must scrap pension tax grab now - London Business News | Londonlovesbusiness.com

Chancellor Reeves' proposed £2,000 annual cap on national insurance relief for pension contributions via salary sacrifice risks discouraging retirement savings and reducing individual pension pots by tens of thousands over time.
UK politics
fromwww.independent.co.uk
4 weeks ago

Warning millions more could be stung by Reeves' tax raid on pensions

A 2029 £2,000 cap on salary-sacrifice pension savings will expose many workers to additional National Insurance and reduce tax-efficient retirement saving.
UK politics
fromLondon Business News | Londonlovesbusiness.com
2 months ago

A third of SMEs warn National Living Wage hikes 'will be detrimental to their business' - London Business News | Londonlovesbusiness.com

National Living Wage increases and salary-sacrifice caps will raise employer costs, harming many UK businesses and prompting cost-cutting and wage pressures.
Business
fromLondon Business News | Londonlovesbusiness.com
3 months ago

Almost 75% of SMEs indicate they cannot absorb Reeve's additional NI costs - London Business News | Londonlovesbusiness.com

A £2,000 cap on salary sacrifice will increase financial pressure on SMEs, hindering benefits, pensions, and their ability to retain and compete for skilled staff.
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#pensions
fromBusiness Matters
3 months ago
UK politics

Businesses warn Budget cap on salary sacrifice pensions would remove "one of the few tools employers have to manage rising costs"

fromBusiness Matters
3 months ago
UK politics

Businesses warn Budget cap on salary sacrifice pensions would remove "one of the few tools employers have to manage rising costs"

more#pensions
fromBusiness Matters
9 months ago

Pensions at risk as HMRC eyes salary sacrifice schemes in Autumn Budget

HMRC is targeting salary sacrifice schemes in a move that raises concerns over pensions tax relief, prioritizing short-term tax gains over long-term retirement security.
Retirement
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