National Payroll services
01745 812222

This is the latest change to employment, so what exactly is Workplace pensions (also called auto enrolment)? 

By a certain date (see later) all employers must enrol all their employee's into a pension fund. This responsibly falls on the employer, and there are certain procedures they must comply with.

Employees must be 'automatically enrolled' into a pension fund, dependent on their age and salaries. Employers may also have to pay into the fund as well as the employee, this depends again, on the age and salaries.

Employee's could also ask to be enrolled onto the scheme.

The Workplace pension will be phased in over a 5 year period, this commenced in 2012. 

There is a large list of staging dates. these can be found on the menu above, If you are a new employer or employ 30 or less employees, your staging dates run June 2015 to Feb 2018

You should start planning 18 months before the date you need to comply. The Pension regulators will write to existing employers 18 months before their staging date.

Employee's have the right to 'opt out', but this decision must be made purely by the employee with no influence by the employer.

IMPORTANT:

You must still set up Workplace Pensions for EVERY employee, even if no employee's wish to be enrolled. So basically, every employee is set a pension fund, only then, can they opt out.

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Central Payroll is part of the Abacus Group Est 1993

ABOUT US

Central Payroll Services is part of the Abacus Group.
Based in the market town of Denbigh, we cover the whole of the UK.
We have been serving our clients for over 25 years, with all aspects Payroll.

Help and Advice

If you wish any help or advice regarding Payroll, or Accountancy in general. Please feel free to give us a call

CONTACT US

Workplace PensionsTelephone - 01745 812222
Fax - 01745 814448

RTI Real Time Informationadmin@centralpayroll.co.uk

No 1 payroll bureau in the ukCentral Payroll
9 Ruthin Road
Denbigh, LL16 3EH