In the latest Autumn Budget, a £2,000 annual cap was set on the National Insurance (NI) exemption for pension contributions made via salary sacrifice.

<p>What is a ‘salary sacrifice’ pension scheme? Have you heard of ‘salary sacrifice’ pensions? This type of occupational pension is aimed at helping individuals save on tax contributions whilst also contributing to their pension. Let’s find out more! 1. What is &#8216;salary sacrifice&#8217;? A salary sacrifice arrangement equates to tax savings for employees. Employees agree [&hellip;]</p>