WORKPLACE PENSIONS CONTRIBUTIONS SET TO RISE

 

The minimum amount that employers and employees have to pay into their automatic enrolment pension scheme is increasing from 6th April 2018.

 

The new contribution rates will apply from the payment period within which

6th April 2018 falls.

 

Date Effective Employer Minimum Contribution Staff Contribution

 

Total Minimum Contribution
 

Current Rates

 

1% 1% 2%
 

6th April 2018

 

2% 3% 5%