The Budget 2025 introduces a £2,000 cap on salary sacrifice pension contributions from April 2029, with National Insurance applying to amounts above this threshold, affecting around a quarter of current users.
We break down the key measures from Budget 2025, including extended tax threshold freezes, salary sacrifice changes, ISA reforms, and support for pensioners and lower-income families.
As the UK enters the 2025/26 financial year, Chancellor Rachel Reeves unveils key fiscal reforms aimed at addressing fiscal challenges and driving long-term growth across taxation, public investment, and welfare.
The 2025 UK Budget introduces key fiscal reforms, including increased National Insurance contributions, capital gains tax hikes, and new taxation rules for non-domiciled residents, while emphasizing public spending efficiency and infrastructure investment.
