Category

Pension Tips for Employers
There are important changes coming up in the next tax year, starting on the 6th of April 2022.  National Insurance thresholds are changing.National Insurance rates are increasing. The National Minimum wage is increasing.  We’ll discuss these changes further down as they are relevant to payroll and workplace pensions. National Insurance changes After the 6th of April...
Read More
Salary Exchange is a zero-cost employee benefit that increases your employees’ take-home pay (and potentially their pension pot) while also leaving more cash in your business. What is Salary Exchange? Salary Exchange (also referred to as Salary Sacrifice) is an agreement between the employee and the employer. The employee’s contract of employment is altered to...
Read More
IR35 is extending to the private sector in April 2021, so it is essential that companies start preparing. What is changing IR35 is the UK tax law applicable to the engagement of contractors through a personal service company or other intermediaries. The upcoming changes mean that medium and large businesses will be responsible for working...
Read More
The 2021-22 tax year is starting on the 6th of April 2021. See below an update on the key changes regarding workplace pensions: Earnings thresholds The threshold change will apply to schemes where contributions are calculated on a Qualifying Earnings basis. The Upper level of qualifying earnings will increase from £50,000 to £50,270 per year....
Read More
Employers in the UK have Automatic Enrolment (AE) duties. However, in certain instances, Directors may be exempt. Definition of a Director When the Pensions Regulator refers to a director, they mean anyone holding office as a director. This does not include a person who is a director in name only. In the case of a...
Read More
What employers need to know about Auto-Enrolment fines
Auto-Enrolment for workplace pensions  For those that are setting up a workplace pension for employees, managing a workplace pension, or making general amendments to the scheme for their workforce, it can be a very confusing process. Fulfilling Automatic Enrolment criteria can be a drain on staff resources, but that’s where we are here to help. ...
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 freedom when an individual decides to leave the workplace.  In most cases, a percentage of salary is automatically placed into a pension scheme every payday,...
Read More
workers missing pensions
According to the auto-enrolment (AE) legislation, eligible employees have to be enrolled in a workplace pension scheme. However, according to research published by The Resolution Foundation, 3% of those employees have fallen through the cracks… not because they’ve opted out, but because they’re not enrolled the way they should be. 3% sounds like a small...
Read More
A happy employee is the most important asset your business has. When they know you’re looking after them, they look after you. 47% of employers say budget is their biggest barrier to improving employee engagement levels (according to a June survey of HR decision-makers). With businesses truly needing to achieve more with less, helping staff...
Read More
With coronavirus having such an impact on company operations, The Pensions Regulator has issued guidance on handling workplace pensions amid the disruption. Here’s what employers need to know – about complying with their obligations and supporting staff. Pension contributions must continue – unless the employee opts out Employers are still required to contribute at least...
Read More
1 2
We are using cookies to give you the best experience. You can find out more about which cookies we are using or switch them off in privacy settings.
AcceptPrivacy Settings

  • Husky Cookie Policy

Husky Cookie Policy

Our Cookies Policy explains what cookies are, how we use cookies, how third-parties we may partner with may use cookies on the Service, your choices regarding cookies and further information about cookies. 

See our cookies policy here.