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Ensure Your Workplace Pension Scheme is on Track!
Auto-Enrolment: Pension Compliance Made Easy with UKPA
Are you an employer based in the UK? Are you aware of the Automatic Enrolment regulations concerning workplace pension schemes? Let our dedicated team help you navigate through the complexities of pension regulations effortlessly.
Key Insights!
What You Need to Know About Auto-Enrolment Pension Compliance
Pension auto-enrolment compliance is a legal requirement for employers in the UK to automatically enroll eligible employees into a workplace pension scheme. By complying with these regulations, employers play a vital role in securing the financial future of their employees.
Compliance
Employers of all sizes in the UK, including businesses, charities, and not-for-profit organisations, must comply with auto-enrolment regulations. Even if you employ just one person, you are still required to comply.
Eligibility
Not all employees are automatically eligible for auto-enrolment in the UK. To be enrolled, an employee must meet specific criteria: they must be at least 22 years old but below the state pension age, actively working in the UK, and earning a minimum annual salary of £10,000.
Contribution Required
Employers must contribute a minimum of 3% of the staff earnings into the pension scheme. The combined contribution, including both employer and employee contributions, should amount to 8% of the staff earnings. This means employees contribute 5% on top of the employer's 3% contribution.
Pension Schemes
Before making pension contributions, it is crucial to choose a suitable pension scheme and register with it. Some of the following common pension providers are National Employment Savings Trust (NEST), Creative Pension Trust, The Lewis Workplace Pension Trust etc.
Stay Compliant, Stress-Free!
Why Choose us for your Auto-Enrolment Pension Compliance?
At our core, we prioritise your success through personalised implementation crafted to match your unique requirements, proficiency, financial considerations, and timeline. We’ve helped thousands of organisations with their pension compliance and streamline their payroll management.
Expertise and Experience
Our team of seasoned professionals are well-versed in all aspects of pension compliance, ensuring your business always remains fully compliant.
Tailored Solutions
We understand that every business is unique. Our services are designed to fit the needs of your organisation seamlessly, that cater to your specific pension requirements.
Hassle-Free Administration
Handling auto-enrolment can be time-consuming and complex. With our services, you can leave the administrative burden to us, allowing you to focus on your core business operations.
Payroll Services
Beyond pension expertise, we offer comprehensive payroll services, covering payroll processing, tax calculations, and employee record management.
Peace of Mind
With us, you can rest assured that your pension compliance is in safe hands. We prioritise compliance and accuracy, offering you peace of mind in your tax reporting processes.
Cost-Effective Solutions
Quality need not come at a high cost. Our services deliver exceptional value with competitive pricing, ensuring you receive expert support without breaking the bank.
Our Process
How We Work
Our dedication to excellence and adherence to the highest standards make us your trusted partner in efficient and effective company secretarial solutions. Let us handle the complexities, so you can focus on driving your business forward with confidence.
Initial Consultation
We conduct an initial consultation to understand your pension compliance requirements including its structure, and any specific tax considerations.
Assessment
We conduct assessments to identify eligible employees for auto-enrolment, & continuous staff evaluation to identify new employees who may now be eligible for auto-enrolment.
Seamless Onboarding
As new employees join your organisation, we take care of adding them to the pension scheme, ensuring a smooth onboarding process that aligns with auto-enrolment regulations.
Payroll Management
We ensure auto-enrolment is included in the payroll details on our software and send you the payroll details for approval before filing. Once approved we will file the payroll details to HMRC.
Record-Keeping
We handle all administrative tasks, including deducting pension contributions from your employees' pay and promptly sending both contributions to the pension scheme.
Ongoing Support
Our team is readily available to answer queries, offer guidance, and address any concerns related to your pension compliance, ensuring a smooth and stress-free experience for our clients.