Current (2018/19)
£10,000
£6,032
£46,350
Proposed (2019/20)
£10,000
£6,136
£50,000
According to the latest review the Secretary of State has considered the latest analytical evidence and the policy objectives and has concluded that the existing threshold of £10,000 remains the correct level at this point in the establishment of automatic enrolment and will not change for 2019/20” The review states that all review factors have been considered against the analytical evidence and the decision is to maintain the link with the National Insurance Contributions Lower Earnings Limit at its 2019/20 value of £6,136 by setting this as the value of the lower limit of the qualifying earnings band for 2019/20. And mandatory employer contributions should still be capped, according to the review, so the National Insurance Contributions Upper Earnings Limit at its 2019/20 value of £50,000 is the factor that should determine the upper limit of the qualifying earnings band.
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Accounts manager accused of concealing workplace pension failures at restaurants 8 January 2019
An accounts manager is due to appear in court this week (9 January) to be prosecuted on suspicion of misleading The Pensions Regulator (TPR) to hide a failure to provide workplace pensions at a string of restaurants.
Bradford-based Mansoor Nasir is accused of submitting false declarations of workplace pension compliance to TPR on behalf of nine linked businesses that he was the payroll adviser for, between September 2014 and May 2017.
The restaurants that Mr Nasir provided false information about are Akbars, Akbars Balti Restaurant Ltd, Cafe Akbar Ltd, Akbar Balti (Manchester) Ltd, Akbar Restaurant Birmingham Ltd, Akbar Balti (Sheffield) Ltd, Akbar Restaurant Newcastle Ltd, Akbar Leeds Ltd and Akbar Restaurant Middlesbrough Ltd. Mr Nasir, who works at Beaumont Management Services in Duncombe Road, Bradford, faces nine charges of knowingly or recklessly providing TPR with information which was false or misleading, contrary to section 80 of the Pensions Act 2004.
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Automatic enrolment evaluation report 2018 9 January 2019
The 2018 automatic enrolment evaluation report brings together the latest evidence and new analysis to show what has happened to workplace pension membership and contributions since automatic enrolment began.
Automatic enrolment aims to increase workplace pension saving in the UK. It forms part of a wider set of pension reforms to help people to save towards achieving the lifestyle they aspire to in retirement.
The Automatic enrolment evaluation report 2018 follows the 2017 analytical report, which included the 2017 evaluation of automatic enrolment. Findings from this latest report will be used to inform the evaluation of the workplace pension reforms and ongoing development of automatic enrolment policy The Department for Work and Pensions (DWP) is committed to fully evaluating the effects of the workplace pension reforms, and as such has produced evaluation reports annually since 2013, following a baseline report in 2012 which described the landscape before the implementation of automatic enrolment.
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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