Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what modelling (a) she and (b) the OBR has carried out on the distributional impact of measures on salary sacrifice for pensions in the Autumn Budget 2025.

A Tax Information and Impact Note (TIIN) was published alongside the introduction of the Bill containing the changes to pensions salary sacrifice.

Almost all – 95% - of those earning £30,000 or less who use salary sacrifice will be entirely unaffected by the changes. 74% of basic rate taxpayers using salary sacrifice will be protected by the cap.

Everyone using salary sacrifice will still benefit from the NICs advantages available up to the £2,000 cap.