Budget documents reveal the government is mulling a clampdown on the range of benefits available under salary sacrifice arrangements, writes Kristian Brunt-Seymour.
The Chancellor certainly pulled some rabbits out of his hat in yesterday's Budget. PP gives a rundown of the key announcements affecting pensions.
Budget documents reveal the government is looking to clamp down on the range of benefits available under salary sacrifice arrangements.
The majority of people that work in pension schemes expect at least four in five defined benefit (DB) funds to meet all of their obligations in full, according to research from PP.
The Office of Tax Simplification (OTS) is launching its consultation into the closer alignment of income tax and national insurance contributions (NICs).
The government is to consult employers on the use of salary sacrifice schemes and "remains concerned about the growth" of such schemes.
The government is to consult employers on the use of salary sacrifice schemes and "remains concerned about the growth" of such schemes.
Newcastle upon Tyne Hospitals NHS Foundation Trust has saved more than £25,000 thanks to its car salary sacrifice scheme.
Pay and the employee benefits package are two of the top three reasons most likely to cause teachers to leave the profession.
Wolseley is introducing a salary sacrifice car scheme for its 6,000-strong workforce and used a unique angle to encourage employee engagement with it.