The new tax year sees the increase in contributions for both employers and employees/workers.

The table below shows the minimum contributions:

Date effective Employer minimum contribution Staff contribution Total minimum contribution
Currently until 5 April 2019 2% 3% 5%
6 April 2019 onwards 3% 5% 8%

Employers should note and ensure communication is in place to inform employees of the change in contribution.

Article from ACCA In Practice