Employees must be automatically enrolled in a workplace pension plan by their employers.

All businesses in the UK are legally required to provide an auto-enrollment pension scheme for eligible employees. Workers who earn over £833 per month or £192 per week and are aged between 22 and the state pension age must be automatically enrolled in a pension plan by their employer. Additionally, workers earning £5,876 or less per year can opt to join the scheme, but it is up to them to decide whether or not to contribute. The Pension Regulator can impose heavy fines for non-compliance.

Establishing and managing a pension scheme can be both time-consuming and expensive. We can help ease the administrative burden by assisting you with all aspects of auto-enrollment.

Our services include:
– Setting up the pension scheme.
– Registering with the Pensions Regulator.
– Identifying and enrolling all eligible staff.
– Providing ongoing administration for auto-enrollment and handling monthly submissions to the pension provider.
– Forecasting and evaluating the financial impact on your business.

At Certax Accounting, we ensure that your business complies with auto-enrollment requirements, while minimizing disruption to your day-to-day operations. We help you select the most suitable pension provider for your business, keeping the scheme cost-effective while meeting the needs of your workforce. 

Our team also offers expert advice on how to handle employee contributions, ensuring they are processed accurately and on time.

By working with Certax Accounting, you can avoid costly fines and administrative headaches, while providing your employees with a valuable benefit that supports their future. 

Let us help you manage your auto-enrollment pension scheme efficiently, so you can focus on growing your business and ensuring its long-term success.