Auto enrolment Pensions. Please note that from April 2019 auto enrolment pension contributions will be increasing again. The employer contribution is raising from 2% to 3% and the employee contribution from 3% to 5%, thus the overall minimum contribution is raising from 5% to 8%.
The latest news from PMC Partnership incorporating Pomfreys Accountants – 1st October
If are a non tax payer earning below £12,570 you can earn up to £5,000 tax free of interest. If you are a basic rate tax payer earning over £12,570 up to £50,000 you can earn up to £1,000 of interest tax free.