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Chartered Certified Accountants
and Business Advisors

01530 447999

Auto Enrolment

All employees who earn over a certain threshold are required to be auto-enroled into a pension scheme organised by the company they work for.  Our Accountants are here to help you understand the requirements for Auto-Entrolment - call us on 01530 447 999.

Who Needs to be enrolled?

This easy table will help you to access the requirements for each employee:        

 

Employee Earnings

Age

16 - 21

22 - State pension age

State pension age - 74

Less than or equal to £6,032.00*

Entitled worker

Entitled worker

Entitled worker

Over £6,032.00* but no more than £10,000.00*

Non-eligible jobholder

Non-eligible jobholder

Non-eligible jobholder

Over £10,000.00*

Non-eligible jobholder

Eligible jobholder

Non-eligible jobholder

 

* These figures are for the 2018-2019 tax year.

From the company's staging date, employers will be required to pay regular contributions into their staff pension scheme for staff who have been automatically enrolled or who have opted in.  The table below shows the minimum amounts the employer will need to pay.

Date

Employer minimum contribution

Employee minimum contribution

Total minimum contribution

April 6 2018 – April 5 2019

2%

3%

5%

April 6 2019 onwards

3%

5%

8%

 

For help & support with all your Auto Enrolment needs, please contact us on 01530 447 999 or email info@senceaccounting.co.uk

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Without a doubt, the association we have with Sence Accounting has been outstanding due to the forward thinking nature of the whole team matched by their highest level of professionalism.

Vicky Brain
Edward Hands and Lewis

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