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