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Pensions auto-enrolment is a huge shift in workplace legislation, and is still having significant repercussions after years of phased introduction.
Under the Pensions Act 2008, employers are required to automatically enrol eligible employees into a qualifying workplace pension scheme and pay a minimum contribution into the fund.
Eligible individuals are those aged between 22 years and the State Pension Age who have qualifying earnings above the earnings trigger for auto-enrolment.
Each employer is allocated a ‘staging date’ – this is the date when auto-enrolment duties will apply.
Ardross Accountancy & Tax Services Ltd’s highly-skilled team can help you through the legal and practical elements of automatically enrolling your employees into the right pension scheme for your business and for them.
Auto-enrolment may impact all aspects of your team – from payroll to staff – and as such requires a level of skill and expertise that we are able to provide.
For more information on staging dates, compliance and exemptions, please call us today and find out how we can help your business.
In a new report, the World Economic Forum (WEF) has stated that businesses must take action now to tackle climate change.
17 Jan 2020
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