ALIGNMENT OF AUTOMATIC ENROLMENT TAX THRESHOLDS
June 26 2012.


More detail on pensions automatic enrolment has become available as the government has published its response to the consultation on the earnings threshold.

With the largest employers beginning to enroll eligible workers into pension savings from October this year, the response sets out that automatic enrolment threshold rates for the next tax year will be aligned with tax and National Insurance thresholds. This will make it easier for firms who will not have to negotiate another layer of complexity. The government is obliged to review the rates each tax year. The consultation can be seen at http://www.dwp.gov.uk/consultations/2011/auto-enrolment-revaluation.shtml  

Another consultation, 'Revised implementation proposals for workplace pension reform', can be found at http://www.dwp.gov.uk/consultations/2012/wpr-rev-implementation.shtml