Auto Enrolment thresholds unchanged
Under automatic enrolment, businesses must hire all workers into a workplace pension if they meet the age and earnings criteria. The sector for Work and Pensions has established that there will be no modifications to the portals.
- the automatic enrolment (AE) earnings trigger will stay at £10,000
- the minimum limit of the qualifying earnings band will be £6,240
- the maximum limit of the qualifying earnings band will be £50,270
The AE qualifying earnings band (QEB) lower limit will branch off in 2022/23 from the NIC lower earnings limit (which will rise up to £6,396). But, the NIC upper earnings limit (UEL) will remain at £50,270 in 2022/23, so the AE upper limit of the QEB and NIC upper earnings limit will continue to align.