In the UK, employers have a legal obligation to provide workplace pensions for eligible employees under the automatic enrolment scheme. Since its introduction in 2012, auto-enrolment has ensured millions of workers save for retirement. But as with any legal requirement, non-compliance can result in significant consequences for businesses.
Could Your Business Face Fines for Pension Non-Compliance? Find Out! Read More »
Ensuring compliance with pension duties is a critical responsibility for employers, yet navigating the complexities of regulatory requirements can be challenging. The Pensions Regulator (TPR) plays a vital role in overseeing pension schemes and enforcing compliance to safeguard the retirement savings of employees. Recent statistics published by the TPR shed light on the state of pension compliance among UK businesses, highlighting common errors and enforcement actions taken by the regulator.
Navigating Pension Compliance: Insights from the Pensions Regulator 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 »
Properly handling employer pension contributions is crucial to avoid fines from The Pensions Regulator (TPR). Here’s what you need to know: Key Points Deduct contributions from staff salaries and
Managing Employer Pension Contributions and Funding 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 »
When we talk to accountants about auto-enrolment (AE) obligations, one of the common things they say is: “The client is ultimately responsible for AE compliance, not us or payroll.” Yes
First Accountant Charged Over Auto-Enrolment Read More »
The UK tax law impacting contractor engagements In the realm of contractor engagements in the United Kingdom, one term that holds significant importance is “IR35.” This tax law has garnered
Understanding IR35 Read More »
The declaration of compliance is one of the most important documents that you need to complete for TPR. It shows the steps you’ve taken to be compliant with the automatic
Complete your declaration of compliance and avoid future fines from TPR Read More »