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You are here: Home » Archives for auto enrolment pension contributions

auto enrolment pension contributions

salary sacrific schemes new rules April 2017Significant changes to UK salary sacrifice schemes have now been implemented. Affecting both employers and employees, these changes essentially remove the tax incentives of many of the benefits in kind (BiK) offered under salary sacrifice arrangements.

With, the new salary sacrifice rules reducing the tax benefits of salary sacrifice schemes, here’s what small businesses need to know about the changes and how they affect employers and employees. Continue…

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With auto enrolment now well into its fifth year, you’re likely to be familiar with the workplace pension reforms and what they mean for you and your workers.

What some employers may not have thought much about is that, as a result of auto enrolment, millions of workers are getting a stake in companies around the world.

Choosing a pension scheme that invests your employee’s pensions suitably is therefore something every business owner will want to do.

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The roll-out of auto enrolment is well into its fifth year. Having started with the largest organisations back in October 2012, it’s now the turn of small and micro sized employers.

If you’re one of these, you’re in good company. During 2017, hundreds of thousands of organisations just like yours will need to get to grips with auto enrolment.

If you aren’t sure what it means for you and your workers, this step by step guide to Automatic Enrolment for small businesses, will put you on the right path.

Continue…