The Chancellor has launched a stealth attack on 'salary sacrifice' company pensions, with a new £2,000 cap on the pension ...

Starmer says ‘everyone must contribute’ as he defends Rachel Reeves’ tax rises - Reeves admits Budget will mean working ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

The government is preparing to tighten the rules around the Cycle to Work scheme, prompting concern among workers who rely on its tax benefits to manage commuting costs. Early briefings suggest that ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Buyers of expensive manual and electric bicycles through salary sacrifice schemes will have their tax benefits ...

The cycle to work scheme could be curbed at the Budget. Chancellor Rachel Reeves could slam the brakes on the Cycle to Work scheme at the upcoming Budget in a blow to City commuters, it has been ...

The Chancellor is reportedly poised to introduce a new cap on how much people can spend on a bicycle through the salary sacrifice scheme. Ms Reeves is currently putting together her Budget, which will ...

Rachel Reeves reportedly eyeing new limits on how much workers using salary sacrifice schemes can spend on high-spec manual bicycles and e-bikes The Treasury is considering placing new restrictions on ...

We were disappointed to see that Rachel Reeves is planning to curb high-end bike purchases under the Cycle to Work scheme (Report, November 13). Many parents use the scheme to buy e-cargo bikes, which ...

Rachel Reeves is preparing to limit the tax benefits available through salary sacrifice schemes for purchasing high-value bicycles, the Financial Times reported on 13 November. The chancellor intends ...

Rachel Reeves is poised to axe high-end bikes from the Cycle to Work scheme amid concerns it is being exploited by richer commuters, reports suggest. The chancellor will look to clamp down on workers ...