This draft has since been made as a UK Statutory Instrument: The Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2015 No. 468 and approves the proposed thresholds and expected values by pay reference as per the tables below.
2015-2016
Annual threshold
Lower level of qualifying earnings £5,824 Earnings trigger for automatic enrolment £10,000 Upper level of qualifying earnings £42,385
Expected values by pay reference period
1 week
4 weeks
1 month
1 quarter
Bi- annual
2015-2016
Fortnight
Lower level of qualifying earnings £112 £224
£448
£486
£1,456 £2,912
Earnings trigger for automatic enrolment
£192 £384
£768
£833
£2,499 £4,998
Upper level of qualifying earnings £815 £1,631
£3,261 £3,532 £10,597 £21,193
CIPP and Armstrong Watson host a policy think tank on automatic enrolment
8 April 2015
As you may be aware smaller employers will be starting to stage for automatic enrolment later this year and lots of them into early next year. Many of these small employers use a payroll service provider to carry out their payroll duties. There is also evidence from The Pensions Regulator and accountancy practices that many of these employers will look to their provider, to supply a fully integrated automatic enrolment service. Armstrong Watson and the CIPP are hosting a roundtable discussion in Carlisle on 28 April from 16.00 to 18.00 to look at the issues facing payroll service providers and more importantly finding workable solutions to the problems.
If you would like to attend (spaces limited) please reply to Karen Thomson by 22 April 2015.
Automatic enrolment: April update from TPR
8 April 2015
A recent update from The Pensions Regulator includes a quick guide to setting up payroll aimed at business advisers and payroll professionals.
Automatic enrolment: Companies with no staff – what action to take?
Companies with no staff other than directors may not have any automatic enrolment duties.
If you have clients who do not have staff and who receive a letter from The Pensions Regulator, you can advise them to get in touch with the regulator in writing to explain their particular circumstances.
CIPP Policy News Journal
08/04/2015, Page 367 of 521
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