The workplace pension changes are beginning to come into effect for SMEs and employers need to take action. The Basics:
The new auto-enrolment workplace pension is a government scheme to encourage more employees to pay into a pension. Eligible employees have to be automatically enrolled in the pension scheme by the correct staging date by their employer. To be 'eligible', employees must earn over £10,000, be between 22 and state pension age and normally work in the UK.
If you have employees that are eligible but aren't sure what to do next, contact us
and we can guide you through our simple, 3-step process.
- Pre Auto Enrolment Planning
- Communication and Implementation
- On-going Complia nce
There are many different staging dates and it's vital you know when yours is so that you don't risk a fine or penalty.
to find out more information on when you need to have enrolled your employees by and http://www.mycontroller.co.uk/workplace-pensions
to see how we can help you through the process.
If you're still unsure, don't hesitate to get in touch.