Pensions auto-enrolment is a significant shift in workplace legislation, and is still having 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.
Accountlets’ 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 auto-enrolment compliance and exemptions, please call us today.