Are you missing out on Pension Contributions?

More than 3 million people across the UK could be missing out on a pension top-up from their employer by failing to make a small contribution into their workplace pension scheme.

According to Royal London, many larger businesses offer valuable ‘matching’ contributions on workplace pensions but the minimum contribution level to a workplace pension scheme is based on qualifying earnings.
 
The rates are set to rise from April 2018, however, employees who don’t take up the offer from their employer could be missing out on an extra £650 of income per year.
 
Royal London estimates that a 40-year-old employee on average earnings who takes full advantage of the employer contribution would have £3,500 per year more than a worker contributing the minimum amount.

Contact us today for an initial free consultation.

Looking for an Xero Expert? Let us help you with your business accounts. Feel free to talk to us about our affordable Account Preparation,Taxation Services,VAT Management, Payroll Management, and Bookkeeping services. We can advise on the best package for your needs. Email or  call 01268 330600.

Anthony Burrell
Tax Director

Anthony Burrell is the Tax Director at Golding Accountancy, specialising in personal tax, compliance, and tax planning. He works closely with business owners and landlords, helping them navigate complex tax rules and ensure they pay the right amount of tax. Anthony is particularly experienced in advising property investors. Outside the office, he is a dedicated West Ham supporter and has been a Season Ticket holder for over 40 years. Anthony often recommends Dext to clients for simplifying bookkeeping and financial processes.

Golding coffee mug

Fancy a cuppa
with us?

Get in touch with Golding Accountancy for guidance on the ins and outs of accounting, taxation and financial management? Let’s hang out and chat about it – it’s on us!
PS: We love biscuits.
Or, email us at info@wearegolding.com
Or, email us at info@wearegolding.com
xero
silver partner
Certified advisor
ACCA-square 1