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UK Payslip Glossary

Every term you might see on a UK payslip, explained in plain English. 97 entries, updated for the 2026/27 tax year.

A

Auto-EnrolmentPension
The legal duty on employers to enrol eligible staff into a workplace pension. Full definition

P

Pension ContributionPension
Pay diverted into a workplace pension; minimum 5% of qualifying earnings. Full definition
Pensionable PayPension
The slice of pay your employer uses to calculate pension contributions; defined by the scheme rules and often broader or narrower than qualifying earnings. Full definition

Q

Qualifying EarningsPension
The £6,240-£50,270 earnings band used for auto-enrolment minimums. Full definition