Posted in News Is Rachel Reeves planning a ‘stealth’ tax raid on pensions? HMRC explores shake-up of salary sacrifice schemes as Chancellor comes under pressure to fund axing of two-child benefit cap May 28, 2025 The Chancellor is under growing pressure to raise billions of pounds to fund extra spending commitments and rising borrowing costs ahead of her autumn Budget . https://www.dailymail.co.uk/news/article-14756523/Is-Rachel-Reeves-planning-stealth-tax-raid-pensions-HMRC-explores-shake-salary-sacrifice-schemes-Chancellor-comes-pressure-fund-axing-two-child-benefit-cap.html?ns_mchannel=rss&ns_campaign=1490&ito=1490