The new Auto Enrolment rules mean that most business owners will need to contribute to a pension scheme set up for their employees. All employees will need to be enrolled if they:

  • Are aged between 22 and State Pension age

  • Earn more than £10,000 per year

  • Work in the UK

Employees will be permitted to opt out but the employer cannot encourage them to do so.

Initially the employer will be required to contribute 1% of the employee’s qualifying earnings into a pension scheme, but this will rise to 3% by 2018. This could represent a significant increase in business costs and so it is important for you to get expert advice on the options for implementing the Auto Enrolment rules.

Impartial and reliable advice

We will provide trustworthy advice on your options for complying with this legislation.

For a one off fee we will produce a report which gives you options and a recommendation based on the profile of your workforce.

Murray Smith acted as our professional Advisers on accounting matters for over ten years and throughout that period were professional, supportive, knowledgeable and timely with their advice and guidance. During that period they provided a full range of services from statutory audit, payroll and general tax advice to specific advice on the sale of the Company and other matters. This is across all levels of staff but with a special mention to our lead Partner, Mike Benson, who has been a constant source of excellent advice and support throughout the period of our engagement with his firm. I do not hesitate in recommending them.
Nigel Hartley
Managing Director (former) Total People Group