The chances are that you will have heard about Automatic enrolment. And like or not, if you are one of the 1.8 million UK small or micro business employers the scheme is going to affect you. Soon.
The new rules for automatic enrolment came into effect on 1 October 2012 and it is expected that all employers will be part of the scheme by February 2018.
What does the scheme mean for you the employer?
The administrative costs of the scheme are likely to come as an unwelcome addition for most businesses but as always the CBS team are working hard to come up with solutions that ensure you aren’t spending more than is absolutely necessary.
We may or may not already handle your Payroll, either way our team can help take the headache out of Auto Enrolment for you.
What we will do:
· advise you of your staging date
· ensure your scheme is set up on time
· take care of all the necessary, ongoing administration to ensure you remain compliant
· Deal with queries should they arise.
How much will this cost?
As a guide we will charge an initial set up fee followed by a weekly or monthly fee dependent on your current Payroll set up.
The packages we offer are completely bespoke to your business, your number of employees and current Payroll set up so meeting for a face to face discussion is essential in the first instance.
Get in touch with our friendly team today to arrange your free, no obligation discussion.
Want more information?
You can also visit the Pensions Regulator website.
