Emeritus Prof Christopher May on Nostr: It looks like one winner from the Rachel Reeves increase in employers NI will be the ...
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 Rachel Reeves planned this knock-on effect? hmmm
#tax
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 Rachel Reeves planned this knock-on effect? hmmm
#tax