The Pensions Regulator’s fourth annual analysis clearly shows that Auto Enrolment is successfully helping to revert a long standing decline in pension provision that many assumed could never be changed.
The current National Minimum Wage rate was set in place on the 1st of October 2015 and will be updated again on the 1st of October 2016.
With effect from 2015/16 tax year, the Government introduced a Marriage Allowance that entitles eligible couples to a tax break. This amounts to £212 in 2015/16 tax year and £220 in 2016/17 tax year.
A new scheme, which has been anticipated by many employers, is now beginning to be rolled out across the country.