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The Book-keepers Forum (UK) -> VAT, Payroll & Tax -> Auto-enrollment query
Post Info TOPIC: Auto-enrollment query
gillyfleur


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Auto-enrollment query
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Does anyone know: when auto-enrollment comes in next year will employer NIC contributions remain at the same level or are they going to be reduced to compensate for the employer pension contributions ?  I'm guessing I already know the answer......but I need it confirming as I have to calculate total wage costs for 2014 on a large payroll and so the position re NIC would have quite an effect on hourly rates for costing purposes. I've been reading through the Pensions Regulator website learning what needs to be done to comply but can't find the answer to my specific question anywhere whilst reading.  Thanks in advance



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Tom McClelland


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There is no NIC reduction. Employer pension contributions are an extra cost, and if employees need to earn more to afford their contributions that is an extra cost too.

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