HMRC reveals salary sacrifice AE opt out changes

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Her Majesty's Revenue and Customs has revealed it will amend its salary sacrifice rules to prevent unfairly penalising employees who opt out of auto-enrolment salary sacrifice pension schemes.

It has agreed to change its rules to allow staff that opt out to do so at anytime and receive a full post-tax salary refund. The change had been strongly lobbied for by scheme providers, includi...

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