Posted: September 28, 2017
The BH Payroll Bureau has learned that The Pensions Regulator (TPR) has begun employer spot checks across the UK. They will be targeting employers who they suspect are failing to comply with their workplace pension duties.
Employers who have been selected will receive a statutory notice ahead of the visit from TPR, and any employer who fails to comply will be named and shamed on TPR’s website.
Changes to Auto-Enrolment over the next few months include automatic re-enrolment, an increase to the minimum contribution rate (from 1% to 3% for employees, and from 1% to 2% for employers), and a change to the regulations for new employers starting Auto-Enrolment for the first time.
Knowing the future of Auto-Enrolment will bring even more changes and increasingly complex processes, the BH Payroll Bureau are dedicated to staying up-to-date with all the new changes and legislation and ensuring our clients always comply with TPR.
For further information on how your business can benefit from the BH Payroll Bureau, please contact us on 01227 454627, or email firstname.lastname@example.org