Why are the minimum automatic enrolment contributions increasing?
When automatic enrolment was introduced, the government felt that this would increase the costs and administrative requirements for employers. To …
Can we use salary sacrifice if this takes the employee’s salary below the minimum wage?
A salary sacrifice arrangement can’t reduce an employee’s earnings below the national minimum wage rates. For more details see www.gov.uk/guidance/salary-sacrifice-and-the-effects-on-paye.
Can you accept contributions net or gross?
Are the contributions paid by ‘Relief at Source’ or ‘Net Pay Arrangement’?
How much does automatic enrolment cost?
The minimum contributions are being introduced in three stages known as phasing. If the qualifying earnings basis is being used, the …
What are the minimum contributions that an employer has to make?
Minimum contributions have been introduced in three stages known as phasing. If the qualifying earnings basis is being used, the …
When have the minimum contributions changed?
When will the minimum contributions increase?
When will we need to contribute more than 3% total?
If the qualifying earnings basis is being used, you’ll need to contribute more than the 3% total after 6 April 2019.
Can employees and/or employers pay more than the legal minimum contribution?
Yes, both the employer and the employee can choose to contribute more than the legal minimum requirement. To do this …