Standard Life says 16% of workers hesitate over pay rises amid tax-threshold freeze

• Standard Life commentary warned some workers may turn down pay rises or promotions as frozen tax thresholds lift marginal tax burdens.
• Neil Jones urged employees to assess pension contributions, including salary sacrifice, to reduce adjusted net income and preserve allowances.
• He flagged April 2029 changes to salary sacrifice as likely to weaken a key tax-efficiency tool used to offset higher income.
• Standard Life analysis estimated the Personal Allowance would be GBP 16,072 in 2026/27 if inflation-linked, versus GBP 12,570 currently.
• It estimated the freeze adds GBP 700.36 to a basic-rate taxpayer’s annual bill, rising to GBP 3,501.22 for some higher earners.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Standard Life plc published the original content used to generate this news brief on August 25, 2026, and is solely responsible for the information contained therein.