National Minimum Wage for the New Tax Year
This post was originally published on 28 January 2019 and updated on 1 April 2021 for freshness, accuracy and comprehensiveness. Following on from the Chancellors Budget, further changes will affect how you pay your employees from April 2021. The hourly rate for...
Auto Enrolment Rolls on for Another Year
Beginning the 6 April 2018, employers may be required to increase the amount of contributions into their employees’ Auto Enrolment schemes. The contribution levels will also rise again in a further year’s time, with employers paying a minimum of 3% towards the pension...
Pensions Re-Enrolment: Don’t Get Caught Out
As an employer, did you know that you have a legal duty to re-enrol certain employees back into an automatic pension scheme every three years, even if they opted out the first time? Failure to do so could result in a penalty… If you were one of the thousands of...
The Rising Tide of Auto Enrolment
Over the course of the next two years Auto Enrolment Pension contribution rates are rising. These changes will affect you as an employer as well as your employees. Currently the total minimum amount is 2% of qualifying earnings, of which the minimum for the employer...