Monthly Archives October 2018

Pensions Auto Enrolment – Compliance Update

Increases in Minimum Contributions The minimum contributions that have to be paid into your Automatic Enrolment pension scheme are increasing again from 6th April 2019. The amount that you and your staff pay into your pension scheme will vary depending on the type of scheme you have chosen and the rules of that scheme. Most employers use pension schemes that currently require a total minimum contribution of 5% to be paid. By law a total minimum amount of contributions must be paid into the scheme. The employer must make a minimum contribution towards this amount and the employee (or worker)
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