Between fines and catch up bills, if you haven’t enrolled your staff yet but should have then you need to get moving. Here’s what you need to know.
Ignoring Auto-Enrolment? Read On…
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Pensions
Pension Contributions Are Increasing
On April 6th the amount small businesses have to contribute to their employee’s pensions is increasing.
Pensions: Updates to Auto-Enrolment
Under the Pensions Act 2008, every employer in the UK must put certain staff into a pension scheme and contribute towards it; this is called ‘automatic enrolment’, or more commonly, ‘auto-enrolment’. If you employ at least one person, then you are an employer and you have certain legal duties in line with this legislation.