Auto enrolment pension compliance is a legal requirement in the UK for employers to automatically enroll eligible employees into a workplace pension scheme. At Arthur Mercel & Co., we provide comprehensive services to ensure your business meets these regulations effectively.
Eligibility Criteria: Employers must enroll employees aged 22 to the state pension age, earning over £10,000 annually, who work in the UK.
Opting In and Out: Employees can opt out, but must be re-enrolled every three years.
Minimum Contributions: Employers must contribute at least 3% of qualifying earnings, with a total minimum contribution of 8%.
Initial Assessment: We assess your workforce to identify eligible employees and required contributions.
Pension Scheme Selection: We assist in choosing a compliant workplace pension scheme tailored to your needs.
Employee Communication: We develop materials to inform employees about the auto enrolment process and their options.
Enrollment Management: We handle the enrollment process, ensuring all eligible employees are enrolled accurately.
Ongoing Compliance Monitoring: We track eligibility and manage contributions, ensuring continuous compliance.
Re-Enrolment Process: We manage the re-enrolment of employees every three years, as required.
Contribution Administration: We calculate and manage pension contributions for both employers and employees.
Regulatory Reporting: We file necessary reports with the Pensions Regulator to demonstrate compliance.
Training and Support: We offer training for your HR and payroll teams to understand and manage auto enrolment obligations.
Legislative Updates: We keep you informed about changes to auto enrolment regulations and necessary actions.
Partner with Arthur Marcel & Co. for expert auto enrolment pension compliance services to ensure regulatory adherence while supporting your employees’ retirement savings.
If you have a promising business start-up idea along with the drive and dedication to bring it to life, we’re here to help you assess your new concept in a constructive and realistic manner.
As your accounting partner, we will assist you with:
We’ll guide you in selecting the most appropriate business structure, whether it be a sole trader, partnership, limited liability partnership, or limited company.
We’ll help you prepare a comprehensive business plan, cash flow projections, budgets, and trading forecasts.
We will evaluate your financing needs, recommend optimal funding sources, and prepare the necessary proposals.
We’ll assist you in establishing a strong working relationship with your bank.
We’ll ensure all registration procedures with Companies House and HM Revenue & Customs are completed accurately.
We handle company secretarial matters to keep your business compliant.
These accounting services provide you with the confidence to move forward with your venture, knowing you’ve laid a solid foundation for success.
Additionally, you’ll gain access to our exclusive start-up business packages and our discount supplier scheme designed specifically for new businesses.
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MAINTAINING HIGH ETHICAL STANDARDS
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You will always know in advance
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