The cap on the salary sacrifice scheme will weaken saving incentives for young workers. Rachel Reeves has imposed a cap on salary sacrifice schemes in a move that will raise £5bn for the Treasury in 2029 when it comes into place, according to the Office for Budget Responsibility. “Salary-sacrificed pension contributions above £2,000 will be…
The government is freezing all regulated rail fares in England for one year starting from March 2026. This means prices of season tickets, peak return fares for commuters and off‑peak returns between major cities will all stay the same until March 2027. The measure will save commuters on expensive routes more than £300 per year…
Chancellor Rachel Reeves has said today’s budget will prioritise economic growth. Still small businesses are bracing for shifts that could raise costs and widen compliance demands. Reeves has already trailed parts of her plans and recent reporting has sharpened expectations. Here are the changes small firms are watching most closely. VAT registration threshold cut or…
