Easy Income Boosters MoneyMaking Tips You Need to Know
MARTIN Lewis' MoneySavingExpert.com is urging workers to make the most of a "hidden pay rise" worth thousands of pounds.As an example, if you pay 20% tax on your earnings, and your pension contribution is £80, this actually only costs you £64.The newsletter read: "If you save, your firm must contribute too. Don't throw away a hidden pay rise.
A minimum of 8% must be paid into the pension, with you contributing 5% and your employer paying at least 3%.For people with more than one job, each job is treated separately for automatic enrolment purposes. Failing this, you can go to the HR department of your old employer to find out who the workplace pension provider was.
You can also try calling the service on 0800 731 0193 or +44 191 215 4491 if you are calling from outside the UK.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Martin Lewis warns millions of drivers risk £1,000 DVLA fine due to often-forgotten licence ruleMartin Lewis warns car, van or motorbike owners they could be owed £1,000s
Read more »
Martin Lewis warns homeowners 'you'll be contacted in coming days'The money saving expert, who is also a podcast presenter and hosts the likes of the the Martin Lewis Money Show, shared a stark warning to former customers of a company that went bust.
Read more »
Martin Lewis warns anyone with a pension not to 'leave it to your ex'The Money Saving Expert founder is reminding people to tell their pension provider
Read more »
Martin Lewis warns families with pets about law change – it could mean £500 fineA new law comes into force on 10 June, and families could face hefty fines if they don’t get their cats microchipped
Read more »
Martin Lewis warns cat owners about potential £500 finesYou have until the end of June to avoid the penalty.
Read more »
Martin Lewis warns cat owners about potential £500 finesYou have until the end of June to avoid the penalty.
Read more »