Torygraph suggesting salary sacrifice to go

ukdw

artyboy said:

MK62 said:

When you look at who are the biggest beneficaries of salary sacrifice,  (and higher rate tax relief), and the cost relative to benefit, then it would be surprising if they weren't on the radar for any government looking to reduce the budget deficit and the national debt. That doesn't necessarily mean they will act to reduce or remove them though.......any responsible government should be constantly looking at and reviewing such schemes.

Well as a HR taxpayer, salsac only saved me 2% NI, so (at least from an employee perspective), the larger benefit is actually to BR taxpayers...

Maybe they are planning to simplify NI by increasing the 2% to the same rate as BR tax payers at the same time.

artyboy

ukdw said:

artyboy said:

MK62 said:

When you look at who are the biggest beneficaries of salary sacrifice,  (and higher rate tax relief), and the cost relative to benefit, then it would be surprising if they weren't on the radar for any government looking to reduce the budget deficit and the national debt. That doesn't necessarily mean they will act to reduce or remove them though.......any responsible government should be constantly looking at and reviewing such schemes.

Well as a HR taxpayer, salsac only saved me 2% NI, so (at least from an employee perspective), the larger benefit is actually to BR taxpayers...

Maybe they are planning to simplify NI by increasing the 2% to the same rate as BR tax payers at the same time.

Are you by any chance a writer for the Telegraph?

Andy_L

artyboy said:

ukdw said:

artyboy said:

MK62 said:

When you look at who are the biggest beneficaries of salary sacrifice,  (and higher rate tax relief), and the cost relative to benefit, then it would be surprising if they weren't on the radar for any government looking to reduce the budget deficit and the national debt. That doesn't necessarily mean they will act to reduce or remove them though.......any responsible government should be constantly looking at and reviewing such schemes.

Well as a HR taxpayer, salsac only saved me 2% NI, so (at least from an employee perspective), the larger benefit is actually to BR taxpayers...

Maybe they are planning to simplify NI by increasing the 2% to the same rate as BR tax payers at the same time.

Are you by any chance a writer for the Telegraph?

Nah, ukdw lead with "maybe they are planning" rather than a deliberately misinterpret-able "plans for..."

Albermarle

Andy_L said:

artyboy said:

ukdw said:

artyboy said:

MK62 said:

When you look at who are the biggest beneficaries of salary sacrifice,  (and higher rate tax relief), and the cost relative to benefit, then it would be surprising if they weren't on the radar for any government looking to reduce the budget deficit and the national debt. That doesn't necessarily mean they will act to reduce or remove them though.......any responsible government should be constantly looking at and reviewing such schemes.

Well as a HR taxpayer, salsac only saved me 2% NI, so (at least from an employee perspective), the larger benefit is actually to BR taxpayers...

Maybe they are planning to simplify NI by increasing the 2% to the same rate as BR tax payers at the same time.

Are you by any chance a writer for the Telegraph?

Nah, ukdw lead with "maybe they are planning" rather than a deliberately misinterpret-able "plans for..."

Although they usually prefer to use 'plotting' rather than 'planning'