Auto Enrolment East Grinstead
Have you heard about auto enrolment?
If you employ one or more people in East Grinstead, then you come under the Pensions Act 2008 which states that every employer in the UK must put certain staff into a pension scheme and contribute towards it. This is called automatic enrolment.
While your workplace pension scheme needs to meet certain requirements, you have various different options for implementing auto enrolment for your East Grinstead company.
- continuing to use your existing workplace pension scheme, if it qualifies – this might mean your workers notice no difference in how their pension operates or how their contributions are made
- arranging amendments to your existing workplace pension scheme to ensure it meets the qualifying criteria – this is often possible and can be easier than setting up a completely new pension scheme
- setting up a new pension scheme which meets the qualifying criteria and will enable auto enrolment for your eligible workers
Whether you are a hairdresser, an architect or you employ a personal care assistant, if you employ at least one person you are an employer and you have certain legal duties. If you require assistance with this process and the maintenance of your Auto Enrolment function, please contact us at Bookkeeping Synergy.