The UK government’s fiscal decision in the 2025 Autumn Budget has sent a clear signal to employers and employees who use salary sacrifice for workplace pensions: from April 2029, only the first £2,000 of pension contributions arranged via salary sacrifice will escape National Insurance (NI) charges. This change, flagged by HMRC as part of a …
Continue reading “HMRC Issues Warning as New £2,000 Cap Impacts 3.3 Million Pension Savers”
