Don't throw it away......
If you receive any letters headed up “Auto Enrolment” it is important that you forward them to your usual contact at robinson+co immediately.
Auto Enrolment is the biggest reform of UK pension legislation in a generation and means that ALL employers are required by law to automatically enrol all eligible workers into a workplace pension and to make a pension contribution of at least 3% to their employee’s pension pots.
There are harsh penalties for not complying with the legislation which could be as much as £10,000 per day for the largest employers, but even at the more realistic rate of £2,500 per day is penal.
At robinson+co we recognise that Auto Enrolment is not just about having a pension scheme in place in time, it will also have an impact on your payroll, cashflow, staffing and recruitment levels.
Accordingly if you have any questions please contact – in the first instance – Victoria Bishop, Tax Partner on 01900 603623 or firstname.lastname@example.org