Did you know that the law on workplace pensions has changed? Every employer with at least one member of staff now has new duties, including enrolling those who are eligible into a workplace pension scheme and contributing towards it; this is called automatic enrolment or auto enrolment.
Auto enrolment is automatic for your staff – they don't have to sign up to your pension scheme. However, auto enrolment does not happen automatically for you as an employer. You are required to make sure that relevant staff are enrolled into a suitable pension scheme. Auto enrolment is a legal requirement; non-compliance could result in penalties. Payroll Specialists are here to make auto enrolment easy and to help you comply with the law.
If you already have a pension scheme into which you pay contributions for your staff, Payroll Specialists can check if it is compliant with the requirements of automatic enrolment. Based in Somerset, we serve clients throughout the South West. Contact us for further details.
Help you with the set-up of a suitable pension scheme
Identify relevant members of staff
Manage communications with your staff
Enrol your staff in the pension scheme
Calculate deductions from pay
Calculate employer contributions
Set up payments into the scheme
Maintain accurate records
Complete declaration of compliance
Confused about auto enrolment?
Payroll Specialists of Somerset are here to help. Call 01749 674 243
We are registered with the Institute of Chartered Accountants in England and Wales as Chartered Accountants and can be found on the register at http://find.icaew.com/ using our firm name and location.