How Budget could hit you if you earn over £50k - and what you can do about it

High earners could find themselves in the Chancellor’s crosshairs in the upcoming Autumn Budget .

Rumours of policies that could be enacted include curbs on salary sacrifice arrangements and the shrinking of cash ISA allowances.

Some of these policies will particularly hit those that pay higher rates of income tax, with marginal tax rates going up from 20 to 40 per cent once someone earns over £50,270, and 40 to 45 per cent once someone earns over £125,140.

Here, The i Paper explores the potential tax threats , and what those with the broadest shoulders can do to tackle them.

Salary sacrifice under review

Rachel Reeves is reportedly planning to cap tax-free pension salary sacrifice at £2,000 annually – a measure that could raise up to £2bn a year.

Under a salary sacrifice arr