There has been a great deal of media coverage recently regarding the changes to Workplace Pensions. The new law is only applicable for Company’s with more than 1 Employee.
If your Limited Company employs 2 or more staff you must automatically enrol the workers into a workplace pension scheme and contribute towards it if they:
- are aged between 22 and State Pension age
- earn more than £10,000 a year
- work in the UK
This is called automatic enrolment, you will need to take steps to make sure they’re enrolled. Each employer has a staging date when this has to be completed by and this can be found here and requires entering your PAYE Reference number.
You will be asked to nominate a contact which should be yourself in the first instance for all communications to be sent.
If you have any further questions regarding this please do not hesitate to contact your Account Manager.
Can an accountant help your start-up grow?
As any business owner will tell you, launching a company isn’t exactly the easy option. But it’ll take something else, too. The support of a good accountant. If you’re a start-up founder (or still in the planning stages) and wondering if it’s time you got an accountant, look no further. This article will tell you what you need to know.
Why do I need a specialist property accountant?
Finances in property and real estate can be seriously complicated, even to a seasoned accountant. That’s why we recommend you seek the help of a specialist property accountant to keep everything straight. Let’s look at some of the basics involved.
How to choose the right type of accountant for your business
The accountant/client relationship is an important one as this is the person who’ll be by your side as you navigate the choppy waters of business ownership, so you’ll need to choose wisely. Here are eight pointers on how to choose the right type of accountant for your business.