All small businesses with even one employee will be receiving their Staging Dates from HMRC . They will then have to follow the correct procedure and file a Declaration of Compliance.
The Procedure for Auto Enrolment
- Employers will have to assess if they have any eligible employees and if so set up an appropriate pension scheme. Any employee earning over £10,000 pa requires a suitable scheme. Below that various rules apply.
- All employers are legally obliged to write to all employees eligible or not explaining Auto Enrolment. Employees not automatically eligible have the right to ask to join a scheme. It is not enough to have a chat to see if they are interested.
- If the employer does not submit a Declaration of Compliance by the set date then fines will apply. It is essential that employers act when they receive their Staging Date. Fixed penalty notices are £400 and rising.
If you have missed your staging date do not panic . Contact us and we can sort everything out as quickly as possible to minimize any penalties.
If you employ a Carer through a Personal Budget then we have a special scheme so please contact us at Barkley Business Services for details.