Category Archives: Auto-enrolment

New Employer? Your Auto-Enrolment Duties As Of 1st October 2017  

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Steph

Steph is a Chartered Accountant with many years’ experience working in audit compliance and general accountancy. She is a Fellow of the ICAEW and has extensive knowledge of accountancy and tax for the self employed.
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Pension savings auto enrolment Auto-enrolment has been rolling out to employers across the UK since 2012, with the aim of ensuring more people have a pension in place when they finish working.

Auto-enrolment duties started with the largest employers and have since moved through to smaller and medium-sized businesses.

Find out more about the latest changes to auto-enrolment, and your duties as a new employer from 1st October 2017. Continue reading

 Outsourcing Your Payroll: What You Need To Know

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Steph

Steph is a Chartered Accountant with many years’ experience working in audit compliance and general accountancy. She is a Fellow of the ICAEW and has extensive knowledge of accountancy and tax for the self employed.
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Outsourcing your payroll Running payroll in-house for your business can be a complicated and potentially overwhelming task, requiring qualified staff to ensure compliance with legislation that often changes in order to avoid fines, as well as ensuring your employees are paid correctly and on time.

For many companies, the time and expense taken to keep payroll management in-house is considerably greater than the cost of outsourcing to a payroll provider. In our latest post, we take a look at the main benefits and drawbacks of outsourcing your payroll.

In our latest post, we take a look at the main benefits and drawbacks of outsourcing your payroll.

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Revealed – the truth behind 10 Auto Enrolment myths

Fran Tyler

Fran heads up First Call Financials. She has over 40 years’ accountancy experience and is a Fellow Member of the Association of Accounting Technicians.

fact or myth v2Following the introduction of auto-enrolment pensions in 2012 the government’s workplace pension reform has been rolling out to tens of thousands of businesses across the UK.

Affecting every employer at various times between October 2012 and 2018, the Pension Regulator estimates over 30,000 companies are due to auto-enrol their employees this year alone.

The auto-enrolment legislation can be complex which undoubtedly brings uncertainty for many businesses and with significant fines for non-compliance; we thought we’d correct some of the most common myths surrounding the subject.

First, however a brief recap of what the auto-enrolment legislation means.

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Auto-Enrolment – Small Businesses Are You Ready?

Fran Tyler

Fran heads up First Call Financials. She has over 40 years’ accountancy experience and is a Fellow Member of the Association of Accounting Technicians.

Since 2012 the introduction of automatic enrolment has been rolling out across the UK and affecting every single employer between then and 2018. This year 50,000 companies are due to auto-enrol their employees and in 2016 a further 500,000 will follow suiAre You Ready For Auto-Enrolment?t.

However, despite being a legal obligation for all employers, many companies have so far faced fixed £400 penalties and other additional escalating fees for not complying with the legislation. So, rather than face financial penalties make sure you understand auto-enrolment and are prepared for your staging date.

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