Jeremy Hunt’s new childcare plans have sparked concern, especially for parents approaching the £100,000 income mark. This threshold signifies a significant loss of childcare support under the government’s free childcare […]
Maximising Childcare Support: Navigating the £100,000 Earnings Threshold Read More »
If you’re an employer in the UK and hiring staff, it’s crucial to meet your legal obligations regarding workplace pensions. One key step is completing the pension declaration of compliance
Understanding the Pension Declaration of Compliance Read More »
What is Salary Exchange? Salary Exchange involves an agreement between an employee and employer. The employee’s employment contract is modified to indicate their decision to exchange a portion of future
Understanding Salary Exchange. Benefits and Considerations Read More »
In recent years, there were concerns that the practice of making pension contributions through salary exchange (also known as salary sacrifice) might be discontinued. This topic has been a recurring
Salary Exchange allows employees to save on National Insurance contributions Read More »
Government Support for Salary Sacrifice In recent years, there were concerns that the practice of making pension contributions through salary exchange (also known as salary sacrifice) might be discontinued. This
Employer NI savings. Benefits and Considerations of Salary Exchange Read More »
Automatic enrolment is a continuous responsibility for employers in the UK. Your obligations continue beyond the initial duties start date. Here’s a summary of your ongoing duties and a
Ongoing Duties of Automatic Enrolment for UK Employers Read More »
Can a Salary Exchange Agreement Be Altered? A salary exchange agreement can typically be altered in various situations. For instance, if an employee chooses to opt out of an
Modifying a Salary Exchange Agreement: What You Need to Know Read More »
Introduction to UK Workplace Pensions A UK workplace pension is an employer-established retirement fund for employees. Employers are obligated to provide and contribute to these schemes. Here’s what you need to
Comprehensive Guide to UK Workplace Pensions. Types, Setup, and Benefit Read More »
When The Pensions Regulator is made aware of a regulatory breach, its first step is to issue a compliance notice. It issued 27,219 between April and June 2018 alone (up
Your Client’s Received a Compliance Notice – What Next? Read More »
An introduction to workplace pensions In a nutshell, workplace pensions are designed to help workers in the UK save more money for retirement. A successful workplace pension encourages greater financial
How to set up a workplace pension for employees: a guide for directors Read More »