Auto-Enrolment
From 1st April, the contributions for Auto-Enrolment will increase.
Employee contribution increases to 3% and employer contribution increases to 2%.
The percentage is payable for eligible employees, or entitled employees who have opted in, on earnings between £6,032 and £46,350.
An entitled worker is anyone who earns over £10,000 and is aged between 22 and 65.
Those earning under this level can chose to opt in.
Also, those that are entitled can chose to opt out.
If you would like to discuss your employer auto-enrolment duties please contact Stacey@darceyandbateaccountants.co.uk
