September 11, 2022
If you employ only entitled* or non-eligible** staff then you don’t have an immediate duty to set up a qualifying pension scheme. You will need to have a workplace pension by your duty date or shortly after only if any … Continue reading
September 10, 2022
Every employee has a tax code and this is what you use to work out how much tax your employee needs to pay. Tax codes are usually made up of a combination of numbers and a letter and will look … Continue reading
October 1, 2018
The duty date is the date by which you need to have a workplace pension scheme in place. If you miss the deadline and fail to put things right The Pensions Regulator can issue fines that can run into the … Continue reading
October 1, 2018
Postponement is when you make a decision to delay enrolling employees into a workplace pension scheme for up to 3 months. This could be because you know a member of staff is leaving, or you’ve taken on new or temporary … Continue reading
December 18, 2017
Overview If you make you payment electronically, you must pay your PAYE bill to HMRC by: – 22nd of the next tax month if you pay monthly 22nd after the end of the quarter if you pay quarterly, in each tax … Continue reading
May 17, 2017
There’s much confusing pension jargon to get to grips with when you set about choosing a workplace pension scheme for your employees. Master Trust and Defined Contribution are two of the phrases you’re likely to come across. A defined contribution … Continue reading
May 4, 2017
Not all situations are clear-cut when it comes to workplace pensions and it’s important that you do the right thing, otherwise, you may end up with a fine. We look at some of the special circumstances that can occur when … Continue reading
April 27, 2017
Making sure your employees get paid on time and every time is one of the most important things you can do. It helps with staff morale and productivity, but many small business owners don’t have the resources or expertise to … Continue reading
February 9, 2017
When you choose a workplace pension for your employees, carrying out ‘due diligence’ could save you from making a mistake that could come back to haunt you, says Henry Tapper, founder of Pension PlayPen. In America, the business of providing … Continue reading
January 19, 2017
Because many employed workers in the Film, Production & TV Broadcasting industry have often short-term engagements with differing employers, the normal operation of PAYE is regarded impractical and could lead to excessive deductions of tax. The seven-day rule means that … Continue reading
