The Department for Work and Pensions (DWP) announce the auto enrolment thresholds on the 6th April each year. Below are the auto enrolment threshold figures for the current tax year.
Auto enrolment thresholds for 2020 -2021
2020 – 2021 | Annual | 1 week | Fortnight | 4 weeks | 1 month | 1 quarter | Bi-annual |
---|---|---|---|---|---|---|---|
Lower level of qualifying earnings | £6,240 | £120 | £240 | £480 | £520 | £1,560 | £3,120 |
Earnings trigger for auto enrolment | £10,000 | £192 | £384 | £768 | £833 | £2,499 | £4,998 |
Upper level of qualifying earnings | £50,000 | £962 | £1,924 | £3,847 | £4,167 | £12,500 | £25,000 |