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 ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Post- and pre- dashboards worlds will look 'very different'

Post- and pre- dashboards worlds will look 'very different'

Chris Curry says industry standards have improved as a result of dashboard delivery

Holly Roach
clock 14 August 2026 • 2 min read
Aviva posts fall in BPA business but strong growth in wealth and workplace

Aviva posts fall in BPA business but strong growth in wealth and workplace

Insurer says BPA market ‘less active and more competitive’ but sees workplace flows soar

Professional Pensions
clock 14 August 2026 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

TPT CDC solution, PASA dashboard guidance, £83m buy-in deal

Professional Pensions
clock 14 August 2026 • 1 min read
Trustpilot