Once you’ve checked your business can afford to begin employing staff, decided on what type of worker would suit your business and checked the workplace is safe and accessible. Before you can hire you must: Register with HMRC Register as an employer with HMRC and set up a PAYE scheme so that you can pay … Read more Employing Staff
Auto-enrolment pension increase Under auto enrolment legislation, minimum pension contributions are required to increase over time. The next increase will happen on 6 April 2019 to a total of 8% of qualifying earnings of which 3% must be paid by the employer. Minimum Employer contribution Minimum Employee contribution Total minimum contribution April 6 2018 … Read more Auto Enrolment Pension Increase
Please note that if you have staff the auto-enrolment pensions contribution goes up from 6th April 2018 and again from 6th April 2019. The new contribution rates will be: Date Effective Minimum Employer Contribution Staff Contribution Total Contribution Currently 1% 1% 2% 6th April 2018 2% 3% 5% 6th April 2019 onwards 3% 5% 8% … Read more Auto-enrolment pensions minimum contributions set to increase from 6th April 2018!