New timescales for Auto-Enrolment contributions

New timescales for Auto-Enrolment contributions

The Government has delayed planned Auto-Enrolment contribution increases for Employers and Employees as follows:

Date Employer minimum contribution      Total minimum contribution
Until 05/04/2018      1% 2% (inc. 1% employee contribution)
06/04/2018 2% 5% (inc. 3% employee contribution)
06/04/2019 3% 8% (inc. 5% employee contribution)

If you would like any additional information regarding Workplace Pensions and Auto Enrolment please don't hesitate to contact our Payroll Partner, Graeme Sheridan on the details below:

Graeme Sheridan
direct dial: 01942 292506
mobile: 07712 679064