A tax raid on salary sacrifice schemes could be announced in Wednesday’s Budget, reports suggest, raising fears that some people’s retirements could be put at risk.

Here is a look at how salary sacrifice schemes for pensions work and what has happened in recent days:

– What are salary sacrifice schemes?

Salary sacrifice schemes allow people to “give up” a chunk of their salary for a different benefit from their employer.

Employers may offer salary sacrifice as part of their pension scheme as a tax efficient way to help workers boost their pots.

When someone pays into a pension using salary sacrifice, the employer will pay the whole amount into the employee’s pension, including the employer’s contribution.

– What have reports suggested?

There have been reports of a potential cap for

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