Pensions for payroll

Pensions for payroll

Professional Development

20 Qs

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Pensions for payroll

Pensions for payroll

Assessment

Quiz

Professional Development

Professional Development

Practice Problem

Medium

Created by

Polly Sinclair

Used 16+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What retirement age are state pension reforms working towards?

67

68

69

70

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which organisation monitors workplace pensions?

Occupations Pensions Board

HMRC

Occupational Pensions Regulatory Authority

The Pensions Regulator

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these means pension deductions reduce taxable pay?

Give as you earn

NEST

Net Pay Arrangement

Relief at Source

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current total contribution for auto enrolment schemes using qualifying earnings band?

5%

7%

8%

9%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the annual pensions allowance?

£25000

£40000

£120000

£1073100

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many qualifying years do you need to get the full state pension?

15

25

35

45

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The state pension is taxable

True

False

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