The Pensions Regulator has urged employers to check their pensions auto-enrolment staging date, following the publication of its Spring 2014 Employer Awareness, Understanding and Activity Survey.
According to the Survey, around one in five small business owners, and around half of micro-business owners, do not know their exact staging date, despite it being necessary to start preparing for auto-enrolment duties at least twelve months in advance.
The Regulator also reminded accountants, independent financial advisers (IFAs) and bookkeepers to prepare for increased demands from clients in relation to auto-enrolment, with accountants in particular advised to find out what they will need to know to help clients comply with their duties.
TI Payroll and Accounting have checked our clients staging dates and are aware when they all need to enroll, we have also purchased new software to provide everyone with a smooth process from sending out the letters to submitting reports to your chosen pension provider.
Do you know your staging date ? check here by entering your PAYE reference number
Have a great weekend everyone