To move the following Clause— “Review of impact on employee marginal tax rates
Bill texts 9
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Amendments 68
Committee of the whole House — Commons 14
To move the following Clause— “Review of impact on SME recruitment and retention
To move the following Clause— “Review of impact on small and medium-sized business tax liabilities
Clause 2, page 2, line 38, after “income tax” insert “at the higher or additional rate”
Clause 1, page 1, line 10, after “income tax” insert “at the higher or additional rate”
Clause 2, page 3, line 41, at end insert— “(5) In 2029-30 the contributions limit must be set at figure equal to £2,000 uprated by any percentage change in the national living wage between 2026-27 and 2028-29.
To move the following Clause— “Reviews of the impact of the Act
Clause 1, page 2, line 27, at end insert— “(5) In 2029-30 the contributions limit must be set at a figure equal to £2,000 uprated by any percentage change in the national living wage between 2026-27 and 2028-29.
Clause 2, page 3, lines 39, leave out “£2000” and insert “the amount calculated under subsection (5)”
Clause 1, page 2, line 26, leave out “£2,000” and insert “the amount calculated under subsection (5)”
To move the following Clause— “Assessment of changes to pension saving through salary sacrifice schemes
To move the following Clause— “Calculation and publication of lifetime pension values
Clause 1, page 2, line 26, leave out from “as” to end and insert “the amount calculated under subsection (5) for a tax year (but subject to any provision made in reliance on subsection (6C)(a) or (b) of that section). (5) In 2029-30 the contributions limit must be set at a figure equal to £2,000 uprated by any percentage change in the consumer price index between 2026-27 and 2028-29.
Clause 2, page 3, lines 39, leave out from “as” to end and insert “the amount calculated under subsection (5) for a tax year (but subject to any provision made in reliance on subsection (6C)(a) or (b) of that section). (5) In 2029-30 the contributions limit must be set at a figure equal to £2,000 uprated by any percentage change in the consumer price index between 2026-27 and 2028-29.
Committee stage — Lords 20
Clause 1, page 2, line 26, leave out from “as” to end of line 27 and insert “the amount calculated under subsections (5) and (6). (5) For the tax year 2029–30 the contributions limit must be £2,000 uprated by the percentage change in the retail prices index between 2026–27 and 2028–29.
Clause 2, page 3, line 26, at end insert— “(6DA) Regulations made under subsection (6A) must include provision explaining—
Clause 1, page 2, line 14, at end insert— “(6DA) Regulations made under subsection (6A) must include provision explaining—
Clause 1, page 2, line 26, leave out from “as” to end of line 27 and insert “the amount calculated under subsections (5) and (6). (5) For the tax year 2029–30 the contributions limit must be £5,000 uprated by the percentage change in the retail prices index between 2026–27 and 2028–29.
Clause 1, page 2, line 26, leave out “£2,000” and insert “£5,000”
Clause 1, page 2, line 21, after “year” insert “, or which make provision altering the method through which the contributions limit, or any equivalent of that limit, is calculated or applied”
Clause 1, page 2, line 27, at end insert— “(5) In 2029-30 the contributions limit must be set at a figure equal to £2,000 uprated by any percentage change in the consumer price index between 2026-27 and 2028-29.
Clause 1, page 2, line 27, at end insert— “(5) The amendments made by this section do not apply where the employer—
Clause 2, page 2, line 38, after “tax” insert “at the higher or additional rate”
Clause 1, page 1, line 10, after “tax” insert “at the higher or additional rate”
Clause 1, page 2, line 26, leave out “£2,000” and insert “the amount calculated under subsections (5) and (6)”
Clause 1, page 2, line 26, leave out “£2,000” and insert “£10,000”
Clause 1, page 2, line 26, leave out “£2,000” and insert “the amount calculated as 5% of the National Insurance Upper Earning Limits Annual Threshold”
Clause 1, page 2, line 14, at end insert— “(6DA) Contributions to pensions where employees are not offered alternative compensation are not to be treated as optional remuneration arrangements.”
Clause 1, page 2, line 14, at end insert— “(6DA) In cases where the contribution limit is exceeded, regulations must make provisions for such amounts not be treated as earnings by virtue of the Education (Student Loans) (Repayment) Regulations 2009 (S.I. 2009/470), Part 4, Regulation 41.”
Clause 2, page 3, line 26, at end insert— “(6DA) Regulations made under subsection (6A) may make provision enabling an employed earner to carry forward any unused part of the contributions limit from one or more previous tax years, for the purposes of determining the contributions limit applicable in a subsequent tax year.
After Clause 2, insert the following new Clause— “Independent report on the impact of the employer pensions contributions limit
Clause 2, page 3, line 26, at end insert— “(6DA) Regulations made under subsection (6A) must make provision enabling an employed earner to carry forward any unused part of the contributions limit from the three immediately preceding tax years for the purposes of determining the contributions limit applicable in a subsequent tax year.
Clause 1, page 2, line 14, at end insert— “(6DA) Regulations made under subsection (6A) must make provision enabling an employed earner to carry forward any unused part of the contributions limit from the three immediately preceding tax years for the purposes of determining the contributions limit applicable in a subsequent tax year.
Clause 1, page 2, line 14, at end insert— “(6DA) Regulations made under subsection (6A) may make provision enabling an employed earner to carry forward any unused part of the contributions limit from one or more previous tax years, for the purposes of determining the contributions limit applicable in a subsequent tax year.
Report stage — Lords 20
Clause 1, page 2, line 14, at end insert— “(6DA) For the avoidance of doubt, the contributions limit specified by regulations made under subsection (6A) applies in relation to each employment any individual employee has.”
Clause 1, page 2, line 14, at end insert— “(6DA) Contributions to pensions where employees are not offered alternative compensation are not to be treated as optional remuneration arrangements.”
Clause 1, page 2, line 14, at end insert— “(6DA) In cases where the contribution limit is exceeded, regulations must make provisions for such amounts not be treated as earnings by virtue of the Education (Student Loans) (Repayment) Regulations 2009 (S.I. 2009/470), Part 4, Regulation 41.”
Clause 1, page 2, line 14, at end insert— “(6DA) Regulations made under subsection (6A) must include provision explaining—
Clause 1, page 2, line 26, leave out from “as” to end of line 27 and insert “the amount calculated under subsections (5) and (6). (5) In 2029-30 the contributions limit must be set at a figure equal to £2,000 uprated by any percentage change in the consumer price index between 2026-27 and 2028-29.
Clause 1, page 2, line 27, at end insert— “(5) The amendments made by this section do not apply where the employer—
Clause 2, page 3, line 26, at end insert— “(6DA) Regulations made under subsection (6A) must make provision enabling an employed earner to carry forward any unused part of the contributions limit from the three immediately preceding tax years for the purposes of determining the contributions limit applicable in a subsequent tax year.
Clause 2, page 3, line 26, at end insert— “(6DA) Regulations made under subsection (6A) may make provision enabling an employed earner to carry forward any unused part of the contributions limit from one or more previous tax years, for the purposes of determining the contributions limit applicable in a subsequent tax year.
Clause 2, page 2, line 38, after “tax” insert “at the higher or additional rate”
Clause 1, page 2, line 14, at end insert— “(6DA) Regulations made under subsection (6A) must make provision enabling an employed earner to carry forward any unused part of the contributions limit from the three immediately preceding tax years for the purposes of determining the contributions limit applicable in a subsequent tax year.
Clause 2, page 3, line 26, at end insert— “(6DA) Contributions to pensions where employees are not offered alternative compensation are not to be treated as optional remuneration arrangements.”
Clause 1, page 1, line 10, after “tax” insert “at the higher or additional rate”
Clause 1, page 2, line 14, at end insert— “(6DA) Regulations made under subsection (6A) may make provision enabling an employed earner to carry forward any unused part of the contributions limit from one or more previous tax years, for the purposes of determining the contributions limit applicable in a subsequent tax year.
Clause 1, page 2, line 26, leave out “£2,000” and insert “£5,000”
Clause 1, page 2, line 14, at end insert— “(6DA) Before making regulations under this section, the Secretary of State must lay before Parliament a statement confirming that the requirements in section 1(3) of the National Insurance Contributions (Employer Pensions Contributions) Act 2026 have been complied with.”
Clause 1, page 2, line 23, at end insert “, provided that the following disclosures relating to the calculations and estimates for the financial years 2029–30 and 2030–31 contained in the Budget Red Book 2025 have been laid before Parliament— (a) the estimated number of basic rate taxpayers making use of salary sacrifice arrangements exceeding £2,000 per annum;
Clause 1, page 2, line 21, at end insert— “(b) after subsection (1), insert—
Clause 1, page 2, line 26, leave out “£2,000” and insert “£10,000”
Clause 1, page 2, line 19, leave out from “4(6A)” to end of line 21
Clause 1, page 2, line 26, leave out “£2,000” and insert “the amount calculated as 5% of the National Insurance Upper Earning Limits Annual Threshold”
Consideration of Lords amendments — Commons 14
Clause 2, page 2, line 38, after “income tax” insert “at the higher or additional rate”
Clause 1, page 1, line 10, after “income tax” insert “at the higher or additional rate”
Clause 2, page 3, line 41, at end insert— “(5) In 2029-30 the contributions limit must be set at figure equal to £2,000 uprated by any percentage change in the national living wage between 2026-27 and 2028-29.
To move the following Clause— “Reviews of the impact of the Act
Clause 1, page 2, line 27, at end insert— “(5) In 2029-30 the contributions limit must be set at a figure equal to £2,000 uprated by any percentage change in the national living wage between 2026-27 and 2028-29.
Clause 2, page 3, lines 39, leave out “£2000” and insert “the amount calculated under subsection (5)”
Clause 1, page 2, line 26, leave out from “as” to end and insert “the amount calculated under subsection (5) for a tax year (but subject to any provision made in reliance on subsection (6C)(a) or (b) of that section). (5) In 2029-30 the contributions limit must be set at a figure equal to £2,000 uprated by any percentage change in the consumer price index between 2026-27 and 2028-29.
Clause 1, page 2, line 26, leave out “£2,000” and insert “the amount calculated under subsection (5)”
Clause 2, page 3, lines 39, leave out from “as” to end and insert “the amount calculated under subsection (5) for a tax year (but subject to any provision made in reliance on subsection (6C)(a) or (b) of that section). (5) In 2029-30 the contributions limit must be set at a figure equal to £2,000 uprated by any percentage change in the consumer price index between 2026-27 and 2028-29.
To move the following Clause— “Assessment of changes to pension saving through salary sacrifice schemes
To move the following Clause— “Calculation and publication of lifetime pension values
To move the following Clause— “Review of impact on employee marginal tax rates
To move the following Clause— “Review of impact on SME recruitment and retention
To move the following Clause— “Review of impact on small and medium-sized business tax liabilities