If you have a business with even just one person on PAYE (other than yourself if you are the director), you need to find out what you are expected to do as regards having a Workplace Pension. This has been going on since October 2012 starting with the companies with the most employees. Over the next year or so it will catch up businesses even with just an employee or two. There are pretty steep penalties for not meeting your obligations in this regard. If you have been sent your “Staging Date” (the date at which you are required to have the Workplace Pension set up and operating in your business), you should not ignore it. If you are not sure, you can check on your Staging Date by going on-line to www.thepensionsregulator.gov.uk/employers.
No comments:
Post a Comment