Making pensions simple
Making auto-enrolment pensions simple
In 2012 the government introduced auto enrolment legislation which requires employers across the UK to automatically enrol certain workers into a workplace pension scheme and make contributions towards it.
Failure to comply could result in a fixed penalty from The Pensions Regulator of £400 (which can further escalate). At Taxsmart we are able to guide you through this process from start to finish:
- Initial review of your workforce to establish who qualifies for inclusion.
- Produce all paperwork required by the law and issue letters to staff.
- Assist with setting up pension provider.
- Process auto-enrolment through payroll.
This can be a tricky area if you are not familiar with the requirements, we have the experience to guide you seamlessly through the whole process.
Get in Touch
TaxSmart Accounting are an independent and forward thinking accountant with the flexibility to meet the client’s needs in a professional and personal manner. Outsource as much or as little of your bookkeeping and payroll needs as required with our fully personalised service. Contact us today for further information or a free consultation on how we can help your business.