Qualifying Earnings 2023/24

The DWP (Department for Work and Pensions) has released the proposed automatic enrolment thresholds for 2023/24, along with the enrolment trigger. As you will see form the table below, these are to remain the same as the 2022/23 tax year.

Trigger Lower qual earnings bandUpper qual earnings band
2022/23£10,000 £6,240£50,270
2023/24£10,000 £6,240£50,270

In the review published by the DWP on 26th January 2023, they outline the reasons for the freeze.