Posted in General News and Newsletters
By law, minimum contribution levels for automatic enrolment will increase again in 2019.
The auto enrolment minimum is currently 5% of qualifying earnings of which at least 2% must be paid by the employer.
In April 2019 this rises again to 8% of qualifying earnings of which at least 3% must be paid by the employer.
6 April 2018 to 5 April 2019 | 6 April 2019 onwards | |
Employer Contribution | 2% | 3% |
Employee Contribution | 3% | 5% |
Total | 5% | 8% |