Automatic enrolment thresholds 2016-17
30 March 2016
The Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2016 comes into force on 6 April 2016.
The lower level of qualifying earnings and the earnings trigger remain the same as for 2015-16, only the upper level of qualifying earnings has changed with an increase to the annual threshold to £43,000.
|
2016-2017 |
Annual threshold |
|
Lower level of qualifying earnings |
£5,824 |
|
Earnings trigger for automatic enrolment |
£10,000 |
|
Upper level of qualifying earnings |
£43,000 |
|
Values by pay reference period |
||||||
|
2016-2017 |
1 week |
Fortnight |
4 weeks |
1 month |
1 quarter |
Bi-annual |
|
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 |
£827 |
£1,654 |
£3,308 |
£3,583 |
£10,750 |
£21,500 |