Under Auto Enrolment, employers have new legal duties to comply with and may need to automatically enrol certain members of staff into a pension scheme and make contributions towards it.
For auto enrolment purposes, ‘gross earnings’ include salary, wages, commission, bonuses, overtime, statutory sick pay and statutory maternity, paternity and adoption pay.
At TaxAssist Accountants we are working together with Scottish Widows, one of the UK’s leading pension providers, to create The TaxAssist Accountants Client Pension Scheme, which offers a host of features and benefits for small businesses that are normally only available for larger organisations.
This exclusive scheme is available only to TaxAssist Accountants clients and offers auto enrolment benefits such as competitive charges, flexible transfer and consolidation options and a choice of options upon retirement. Please feel free to contact us if you would like to be put in touch with your local TaxAssist Accountant to find out more.