HMRC to Cap Pension Salary Sacrifice NI Relief at £2,000, Affecting 3.3 Million Savers Tuesday, February 24, 2026 hmrc nationalinsurance pension salarysacrifice retirement employers contributions labourparty penfold natwest HM Revenue & Customs (HMRC) is introducing a new cap on National Insurance (NI) relief for pension salary sacrifice contributions, set to affect approximately 3.3 million pension savers. Starting in April 2029, the Labour … Read More
Thousands of Private Sector Workers Earning Over £40,000 Face £20,101 Pension Loss Friday, November 14, 2025 pensions salarysacrifice private sector rachelreeves retirement savings taxation employers complexity pensionloss Proposals to limit the amount employees can divert to pensions via salary sacrifice schemes could see thousands of private sector workers losing tens of thousands of pounds in retirement savings. Under current rules, workers … Read More
How to Qualify for Winter Fuel Payments If You Earn Over £35,000 Tuesday, November 4, 2025 winterfuelpayments pensions taxableincome salarysacrifice hmrc statepension taxplanning personalfinance governmentbenefit budgeting A straightforward pension strategy can help you qualify for Winter Fuel Payments even if your income exceeds the £35,000 threshold. Despite earnings above this limit, you may still receive the payment automatically—unless you … Read More