Did you know that employer and employee Autoenrolment minimum contributions are increasing from 6 April 2019?

March 26th, 2019     Business news

From 6 April 2019 the Autoenrolment minimum pension contributions that must be paid into a workplace pension scheme are increasing.  The table below shows the changes to minimum contributions and when they will happen.

 

 

Next Steps

You don’t need to do anything as these increases will happen automatically. It would be advisable to let your employees know that their contributions will automatically increase on the first pay date after 6 April 2019.

If you have any queries please contact Marianne Price on 01803 296678.