If you are an employer running a Workplace Pension you should ensure that all qualifying staff are aware of the increase in contributions due from 6th April 2018.

From this date employees will pay 3% of their earnings (after the earning threshold currently £113 pw or £490 pm) and the Employer will pay 2%. Employees receive 20% tax relief on their payments so the actual deduction will be 2.4% of earnings after the threshold, and the Government will pay 0.6% into the Employees pension pot....


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