We can file in compliance to pension regulator in case if none of your staff is falling under pension registration threshold.
Every business has to file compliance declaration every 3 year if their staff will continue falling under pension registration threshold.
We can also assist you in setting up pension scheme in case if your staff is crossing pension registration threshold.
Date | Employer minimum contribution | Total minimum contribution |
---|---|---|
Employer's staging date to 05/04/18 | 1% | 2% (including 1% staff contribution) |
06/04/18 — 05/04/19 | 2% | 5% (including 3% staff contribution) |
06/04/19 onwards | 3% | 8% (including 5% staff contribution) |
You have to act fast if your staging date is arrived else you end up with penalty.