Salary sacrifice change to 'hit' more than three million workers

Government releases impact assessment

Jen Frost
clock • 2 min read
Picture by Kirsty O'Connor / Treasury
Image:

Picture by Kirsty O'Connor / Treasury

A government impact assessment has found that 44% of employees who currently use salary sacrifice would be hit by changes announced in the latest Autumn Budget.

Under reforms to salary sacrifice, the amount of someone's salary that can be sacrificed via pension contributions without facing a class 1 national insurance (NI) charge will be limited to £2,000 ...

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