UK news
fromwww.theguardian.com
3 days agoWhat pension changes is Rachel Reeves considering in the budget?
The chancellor is reportedly considering restrictions on pension salary sacrifice schemes to curb tax advantages for higher earners.
Over 90% of employers think that the chancellor will place restrictions on pensions salary sacrifice schemes at the upcoming Autumn Budget, according to a new survey of mid-market businesses. Conducted by Censuswide for BDO, the survey found that almost half (49%) of C-suite respondents believe restrictions are 'quite likely' while 45% consider them 'very likely'. Only 6% see an equal chance either way, while less than one per cent think restrictions are unlikely.