Glasow

Can you afford the increased Auto-Enrolment payments?

On 6th April 2019 your business and your employees must pay more into the auto-enrolment pension scheme operated by your business. Your business must increase minimum pension payments from 2% of qualifying earnings to 3%; plus, your employees must increase their minimum payments from 3% to 5%. Those increases represent yet another blow to profitability and to take-home pay.

Can your […]