Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the impact of the £2,000 cap on national insurance-free salary sacrifice pension contributions on costs for (1) employees, and (2) employers.

A Tax Information and Impact Note (TIIN) was published alongside the introduction of the Bill containing the changes to pensions salary sacrifice. The TIIN sets out the impact on employees and employers and is available here: https://www.gov.uk/government/publications/salary-sacrifice-reform-for-pension-contributions-effective-from-6-april-2029/salary-sacrifice-reform-for-pension-contributions