Benefits

AUTO ENROLMENT FIRST PHASE MINIMUM CONTRIBUTION INCREASE 6 APRIL 2018

The phase increases as follows:

 

Date Employer minimum contribution Staff contribution Total
Until 5 April 2018 1% 1% 2%
6 April 2018 to 5 April 2019 2% 3% 5%
6 April 2019 onwards 3% 5% 8%

For full details click here: http://www.thepensionsregulator.gov.uk/en/employers/phasing-increase-of-automatic-enrolment-contribution

Our clients: