All small businesses with even one employee will be receiving their Staging Dates from HMRC. All businesses will then have to follow the correct procedure and then file a Declaration of Compliance.
Employers will have to assess if they have any eligible employees and if so set up an appropriate pension scheme. For any employee earning over £10,000 pa providing a suitable scheme is compulsory and below that various rules apply.
All employers are legally obliged to write to all employees whether they are eligible or not explaining what Auto Enrolment is and in the case of those not automatically eligible their 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 so it is essential that employers act when they receive their Staging Date. Fixed penalty notices are £400 and rising.
For advice and assistance please call us on 0759 004 7669 or by our contact form on https://www.barkleybusinessservices.co.uk/contact/
If you have missed you staging date do not panic . Contact us and we can sort everything out as quickly as possible to minimize any penalties.
We can provide a complete service for the small business to take them through Auto Enrolment from start to finish
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.