What is Auto Enrolment?
Auto Enrolment is more commonly known as The Workplace Pension. By law, From 1 October 2018 all employers are legally obliged to offer a Workplace Pension to their employees as soon as they mploy them and this forms an integral part of the payroll process.
As assessment of each staff member needs to be carried out to check the eligibility for automatic enrolment, and if they meet the criteria, they need to be put into a pension.
The pension rule changes coincide with the fifth anniversary of automatic enrolment and highlights to business owners that the operation of a workplace pension is now simply part of running a business.
How Does Auto Enrolment Work?
Employee pays Minimum 4% of qualifying earnings |
Employer pays Minimum 3% of qualifying earnings |
The Government pays 1% of qualifying earnings |
Employees are eligible for auto enrolment if they:
Original Dates |
New Dates |
Employer MinimumContributions |
Total MinimumContributions |
Up to 30th September 2017 | Up to 5th April 2018 | 1% | 2% |
1st October 2017 to 30th September 2018 |
6th April 2018 to 5th April 2019 | 2% | 5% |
1st October 2018 onwards | 6th April 2019 onwards | 3% | 8% |
How can we help?
Being involved with auto enrolment from the start, our experienced Payroll Team will deal with all aspects of the Workplace Pension from the initial set up process, to running the pension assessments and ensuring that your business is fully compliant with all the statutory regulations.
Set up Costs?
Unlike other advisors, here at LBW there are no set up fees.
On-going Costs?
The on-going cost to administer The Workplace Pension and to ensure full compliance would be included in the regular payroll processing charge.
With the assistance of LBW, Auto Enrolment will be ‘business as usual’ just like Real Time, PAYE or filing your return with HMRC.
Contact us
In order to arrange a free no obligation meeting, please contact:This email address is being protected from spambots. You need JavaScript enabled to view it.
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0151 644 4848 |