National Insurance Thresholds Frozen in UK Budget, but Many Will Still Pay More

'Tax tsunami' warning as millions face hits to savings, pensions and pay - nine ways to avoid it

Chancellor Rachel Reeves’ second Budget has been branded a “tax tsunami” after she unveiled £26billion of tax rises that will hit savers, investors and workers. The measures include frozen income tax thresholds, new limits on salary sacrifice, reduced ISA allowances and higher tax rates on savings, dividends and property.Laura Suter, AJ Bell’s director of personal finance, said: “While there’s no doubt that tax increases are coming, there are cl…

National Insurance thresholds frozen in UK Budget, but many will still pay more

National Insurance thresholds have been frozen in the Autumn Budget, although some other changes will happen to NI as part of payment shifts

Labour Budget Hits Out At The Low Paid

LABOUR Chancellor Rachel Reeves announced National Insurance (NI) and income tax thresholds will be frozen for an extra three years beyond 2028 in her Budget yesterday. The freeze means that millions more low-paid workers will be forced onto a higher tax rate year by year, as inflation eats away at the value of their wages. […]

Autumn Budget 2025: Salary sacrifice hit and tax thresholds frozen

Tax thresholds will remain frozen and pension salary sacrifice will no longer be exempt from National Insurance, the Chancellor has confirmed in today’s Budget. The post Autumn Budget 2025: Salary sacrifice hit and tax thresholds frozen appeared first on Personnel Today.

BUDGET: Income tax bands frozen, minimum wage to increase, NI-exempt pension threshold scrapped

Income tax and NI thresholds will be frozen while the minimum wage will rise by 50p from April 2026, the chancellor Rachel Reeves said in her Autumn Budget statement today.  Reeves announced a series of tax changes in other areas, including salary-sacrificed NI contributions on pensions, as part of measures to fill an estimated £20bn fiscal hole, with plans to have national debt falling as a share of GDP by the end of the forecast period.  Annou…

BUDGET: Income tax bands frozen, minimum wage to increase, NI-exempt pension threshold scrapped

Income tax and NI thresholds will be frozen while the minimum wage will rise by 50p from April 2026, the chancellor Rachel Reeves said in her Autumn Budget statement today. Reeves announced a series of tax changes in other areas, including salary-sacrificed NI contributions on pensions, as part of measures to fill an estimated £20bn fiscal hole, with plans to have national debt falling as a share of GDP by the end of the forecast period.  Announ…