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Our pension taxation services can help you optimise returns
Under the Pensions Act 2008, every employer in the UK must put certain staff into a workplace pension scheme and contribute towards it. This is called 'automatic enrolment'. If you employ at least one person you are an employer and you have certain legal duties.
Automatic enrolment requires employers to automatically enrol their eligible employees into a pension scheme and make contributions into the scheme. Employees who do not want to continue the scheme can choose to opt out from the scheme during the opt out period.
Eligible Employees are who:
Work or normally work in the UK,
Are aged at least 22 but under state pension age and
Earn above the earnings threshold (currently £10,000 per year)