Absolutely rinsed in this budget - almost £1k a year worse off.

I just don't accept that. Sorry.

That's exactly it. The umbrella company is his employer even though he doesn't actually work for them in practice. His contract is with the umbrella company and they operate salary sacrifice.

they are the “employer” but have a special arrangement in that their lack of control and responsibility is recognised. It’s a solution to the difficulties IR35 presents to both companies and self employed contractors

He doesn’t have a “special contract”- he’s self employed and uses an umbrella company.I’m sure your husband is a very special high powered important man but do you think the umbrella company did a special contract just for him?

If he’s using salary sacrifice maybe hes a seperate service with a tax advisor - a quick google shows a company willing to help with this loophole. Therefore I don’t see how it could be in his contract of employment either.

Could it be the umbrella company are ‘employers of record’ because in that case ‘they’ are the employer - and may have such arrangements - I know this because we have been looking at the reverse for visa/brexit reasons and the overseas umbrella become ‘the employer’ but bill whoever you work for

I'm not well off but I have it.

Have they claimed that they bought the current house as a FTB?

How much was all this before the budget?
In the past people used to buy smaller starter homes and save for a bigger house rather than buying a band F four bed property as a first time buyer.

I guess you have read DH's contract then? It 100% is salary sacrifice, it says it in black and white in his contract and it's easy to work out from his payslip.

No I'm not donating any more. Supermarkets give away masses of food. It is given to middle class people in great big carrier bags for £5. You think it's fine to sell all this donated food for a pittance to people who holiday abroad and then tell me the food banks are running dry/ask me to donate to a food bank. No way.

If you’re self employed inside IR35 (with umbrella) you pay the employers NI. However, you are not an employer and can’t claim salary sacrifice

Also very rough calculation it looks like as a top rate tax payer you’d lose about £50 a month pension contribution through this change which doesn’t seem worth the upset?

Even if it’s salary sacrifice, for higher rate taxpayers the employee contribution is only NIC at 2%. Your post doesn’t make sense - “he pays employers NIC” it’s the employer not the employer pays employees NIC.

How does he pay employers NIC as the employee?

I’m an accountant who has also done a lot of self employed consultancy myself inside and outside IR 35. I can’t see how this is possible he doesn’t have an employer (or a contract?) to salary sacrifice with. An umbrella is effectively a payroll company, the big ones offer NEST as a pension (not salary sacrifice- they can’t as they are not your employer)

We are both definitely salary sacrifice.

DH's set up is very confusing and complicated tbh. I don't really understand it but his contract definitely says it's salary sacrifice and it comes off his gross pay and then he pays employers NI on the remainder. He works under an umbrella company. We're just very glad his contract ends before this madness takes effect. And then we'll liquidate everything and move abroad as we have dual nationality.

There’s no limit to the demand on income in op’s range. You’ll disincentive working and earning and then you’ll have greater tax shortfall and lower growth.

Are you sure about this? Unless you’re both contributing a stunning amount it sounds like house thinking of the basic tax relief on your pensions, not salary sacrifice. For example how could your self employed H get salary sacrifice?

you need to find out if your pension is salary sacrifice (most aren’t) they calculate the NI element you get relief on (NI is, iirc, 14% of your salary/ contribution)

In all honesty I feel the same. I was a single mum earning £300 a month when I left the kids’ dad. I got a full time job (whilst caring for a 2&3 yr old) and bought a knackered - and I mean knackered, mid-terrace 75sq m house one year before the stamp duty threshold moved. £1400 of my £10k reno budget in tax (when the house would eventually cost me £35k to do up). Over ten years I’ve done it up and in that time I’ve worked my ass off and am now on £69k gross a year. I’ve missed the threshold changes each time. I’ve paid higher rate tax since earning £45k and I’ve lost my child benefit since earning £50k. I receive £3700 a month now but I work over 60 hour weeks and barely have time to manage my life and kids. My team knock off at 5pm and go home and whilst I’m on a lot more than them, when you take into account the extortionate tax I pay, the real difference isn’t that much, and I have all the stress and responsibility of being a senior manager for my few hundred quid extra a month.
We can’t afford to move to a bigger house now the kids are teens and I have a husband because a four bed is now over £500k. I’m still financially responsible for my two teens and there’s honestly not a lot left at the end of the month. I’m socialist and do believe we should support those worse off but the government are just taking the piss now out of the squeezed middle.
The ones with all the money are the cash in hand builders plumbers and electricians! My electrician is always off to go diving in warm climates.

It's a little over £8000 a month net.

I'm in a similar boat. I haven't worked out yet how much worse off I'll be. I put about £900 a month into my pension as I was SAHM for many years and I need to build it up asap. To keep my contributions at £900 I will need to sacrifice more of my salary and have less net take home pay.

My employer recently increased their contribution but it might go back down as they'll be hit with 15% on my contribution and might no longer be able to afford the increase.

DH is on a contract in IR35 and would have ended up having to pay around £15k extra tax as he has to pay both employer and employee contributions. Luckily his contract ends before 2029 and he'll retire so won't actually be impacted but that's not the point.

DD will be affected and she's only 22 and just started a pension so the compounded effect of the lower contribution will be huge.

What a complete sh*tshow. What on earth were they thinking when they dreamed this up? I'm sure it was Torsten Bell's idea. He seems to be the new Karl Marx.

Plus endless criticism of earners for making poor decisions/not planning (planning to be taxed in a future budget?) but those who choose not to work or made other poor decisions and are low or no earners are mysteriously 'disadvantaged' and not a word more can be said

And I agree with that too -

Indeed - my heart bleeds - we have our own business and I pay £4000 a year into pension because I genuinely can’t afford to pay more without putting me in a position I can’t pay my bills, however now at 63 I have realised that if I have the cash towards end of our year and look like I will be paying corporation tax ( which I have been doing — around £6k a year) I will put it into pension to reduce corp tax considerably and can actually then access it anyway if needed as and when. If you can put £35k a year away on pensions and still pay your bills you are in an exceedingly fortunate position -so have hardly been ‘rinsed’ or on the breadline.

OP check your payslips and that you definitely both use salary sacrifice for pensions - if husband is public sector it’s unlikely that it is from what I’ve read?

If your pension shows on your payslip as a ‘deduction’ it isn’t the same as salary sacrifice and won’t be affected.

You can pay afford to pay £35k into pensions per annum as salary sacrifice? That’s rich not comfortable.