If the qualifying earnings basis is being used, the minimum contribution after 5 April 2018 is 5% with at least 2% from the employer on qualifying earnings falling between upper and lower earnings limits of £6,032 and £46,350 a year. These payments are known as ‘contributions’ and are set by the government each year.
Minimum pension contributions are rising in stages starting from 6 April 2018. From 6 April 2019 minimum pension contributions will increase to 8% of employees’ qualifying earnings (3% employer, 4% employee and 1% tax relief).
For more information see The Pensions Regulator contribution levels guidance.