Automatic Enrolment: Enrol your staff into a workplace pension

Automatic Enrolment: Enrol your staff into a workplace pension

As a result of Automatic Enrolment, millions of people now have a workplace pension. Find out how this affects your business. Under the Pensions Act 2008, every employer in the UK must put certain staff into a pension scheme and contribute towards it. Employers will have to provide a workplace pension for eligible staff by 2018. This is called ‘automatic enrolment’. If you employ at least one person you are an employer and you have certain legal duties. It’s important that you understand what to do and by when, so you can meet your automatic enrolment duties. Staging date Find out when you’ll need to start enrolling people. This is […]

National Insurance: What am I paying for?

National Insurance: What am I paying for?

National Insurance (NI) in the United Kingdom is a system of contributions paid by workers and employers to qualify for certain benefits. The national insurance scheme is administered by HM Revenue and Customs (HMRC). National insurance numbers A national insurance number (NINO) is a number unique to you which is used to keep track of your national insurance contributions and the benefits which you are paid. The number is made up of two letters, six numbers and one letter, for example, AB 123456 C. You must not let anyone else use your number.   National Insurance Contributions classes and rates     What National Insurance is for     Class […]