It looks like one winner from the Rachel Reeves increase in employers NI will be the utilisation of salary sacrifice schemes (to feed into pensions & pay for other 'benefits') as a way of lessening the exposure to the increased tax rate.
If this encourages more early career workers to contribute to a pension, then that would start to address one often noted 'problem' in the UK; low take up on pension provision among the under 40s.
Perhaps Reeves even planned this knock-on effect?
#tax
h/t FT
If this encourages more early career workers to contribute to a pension, then that would start to address one often noted 'problem' in the UK; low take up on pension provision among the under 40s.
Perhaps Reeves even planned this knock-on effect?
#tax
h/t FT
Dieser Beitrag wurde bearbeitet. (6 Tage her)