Auto Enrolment – Employer issues

Auto Enrolment – Employer issues

Back in 2012, less than half of private-sector employees in the UK had a pension scheme. Today, that figure is 85% and this huge increase is due to the successful rollout of auto-enrolment. It started with the largest companies and now applies to employers of all sizes with staff earning more than £10,000 a year, and who are aged between 22 and state pension age. However, auto-enrolment poses many challenges for smaller employers…

Auto Enrolment – Employer issues

Auto-enrolment: infrequently asked questions

The process of auto-enrolment continues to rumble on quietly with the majority of companies passing their staging dates without major incident. However, for the few that fail to comply with their workplace obligations, the consequences can be costly in time and resources.

Auto Enrolment – Employer issues

Auto Enrolment…Plan now or feel the pinch!

The auto enrolment time clock has started.
Auto enrolment is not straightforward and will catch the unwary and ill-prepared.
Under the scheme all employers must automatically enrol certain members of their workforce into a pension scheme and will have to make contributions into it – initially it’s a minimum of 1% however this will soon rise to 3%.

Auto Enrolment – Employer issues

Is Your Payroll Ready For Real Time Information?

In April 2013, how you tell HMRC about the salary payments and deductions you have made is changing. Real Time information (RTI) is a new system that is being introduced by HMRC to improve the pay as you earn (PAYE) system. The stressful year end process of P35 and...