Auto-enrolment saw it’s fourth anniversary in October, yet more than 900,000 employers have yet to stage and fulfill their employer duties. This means the challenge posed by the initial roll-out is not over. All employers with one or more staff have a legal requirement to complete a declaration of compliance. Even if that one member […] Read more »
Personal Tax Account
Have you registered with HMRC for your Personal Tax Account? It’s quick to register and you can view all of your tax information in the one place online. The Personal Tax Account (PTA) was launched in December 2015 and gives customers a one-stop shop for all of their tax information. It gives customers the flexibility to […] Read more »
National Minimum Wage
The largest ever legal claim against the care sector has been launched in what could turn out to be one of the worst breaches of pay rules ever seen. Seventeen care workers claim to have been paid less than half the minimum wage, the company says that is not correct and that it pays its […] Read more »
Tracing your Pension: Is it Lost?
Tracing your pension is not always easy, especially if you’ve been in more than one scheme or have changed employer throughout your career. But it’s important that you do claim your pension, so the sooner you trace a lost pension, the better. Many people are concerned about lost pensions. Fortunately, there are several ways you […] Read more »
Workplace Pension Guidance
Many small employers have still to arrange their workplace pension schemes and register their scheme with The Pension Regulator, so here is some further guidance. The Pensions Regulator send letters to all employers 12 months, 6 months and one month before their staging date, informing you of your duties. The Pensions Regulator website has an […] Read more »
Childcare Vouchers during Maternity Leave
One issue that causes employers a lot of anxiety is where a woman is receiving childcare vouchers (CCVs) as part of a salary sacrifice scheme and then goes on maternity leave. The business must continue to provide the CCVs during maternity leave and cannot opt the employee out of the salary sacrifice scheme. However, the […] Read more »
Declaration of Compliance
Auto enrolment has meant more employers have now reached their staging date and thousands more will be staging in the next year. You may have chosen your pension provider, enrolled your employees and started to make the payments. This will now be an ongoing administrative process. However, your auto enrolment duties do not end there. […] Read more »
No Employers NICs for apprentices under 25
From 6th April 2016, the government have zero-rated the employer National Insurance for apprentices aged under 25. This is to encourage employers to employ more apprentices. The employer must ensure the apprentice is in a statutory apprenticeship scheme. Via the Gov.uk website, there are a number of links the employer can use to check. Assuming […] Read more »
Have you thought about the National Living Wage?
There will be a new National Living Wage for workers aged 25 and above, set at £7.20 per hour from April 2016, with the intention that it will reach £9 per hour by 2020. The new National Living Wage will apply for pay reference periods starting on or after 1st April 2016. The pay reference […] Read more »
Automatic Enrolment: Are you ready?
We have talked about this before, but it certainly bears repeating. Up to half a million small and micro employers will reach their staging date in the next 12 months and many will not be ready in time and could risk fines. The Pensions Regulator has written to every employer alerting them to when their […] Read more »
Auto Enrolment Minimum Contributions: Phasing Date Changing
The date the Auto enrolment minimum contributions were due to increase has changed in order to align with the tax year. So now, instead of total minimum contributions increasing from 2% to 5% in October 2017, a delay of six months until April 2018 will be applied. Similarly, the planned increase in contributions in October […] Read more »