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Automatic Enrolment – small businesses urged to act As 2015 progresses, increasing numbers of small and medium sized businesses (SMEs) – those employing up to 30 members of staff – are getting closer to their automatic enrolment staging date, where
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Automatic enrolment – Why Sign up an introduction
- Are not already in a suitable workplace pension scheme
- Are at least 22 years old, but under State Pension age
- Earn more than £10,000 a year (tax year 2015-16)
- Work in the UK
- Join 100,000+ subscribers to get our free newsletter packed with tips and advice.
- Enter your email address
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You can Enrol before your staging date Now !! You Have to Enrol to opt out as well !!
Under All circumstances you have to enroll , so Why wait .. give us a call on 07960162115 !! Now
Understanding Auto Enrolment
- Automatic enrolment affects all employers with staff in the UK.
- You must enrol certain staff into a pension scheme.
- You must start doing this from your staging date, though there is an option to postpone automatic enrolment for up to three months.
- You must write to all your staff to tell them how they've been affected.
- Aged 22 to state pension age
- Working in the UK
- Earning over £10,000 a year
- Setting up a pension scheme or modifying an existing one.
- Making any necessary changes to payroll so it can handle the new requirements.
- Putting systems in place to monitor the ages and earnings of your staff (your payroll may be able to do this).
- Writing to your staff.