BEWARE - The Pensions Regulator are now targeting small and new businesses
Updated: Dec 20, 2018
Have you completed your Auto Enrolment obligations yet...? Even if your employees want to opt out, you still need it all setup..
The Pensions regulator have recently been targeting small and new businesses in Southampton with fines ranging from a flat fee of £400 and then anything between £50 - £10,000 a DAY? There has been a few court cases where Managing Directors have been at the risk of 2 years imprisonment.
Are you aware of your ongoing DUTIES.
Monitor the ages and earnings of your staff
Manage request to join or leave your scheme
Report on the company scheme
Stay compliant and let Genio Accountants take care of it for you.
If you want to find out more visit https://www.thepensionsregulator.gov.uk/en/employers?gclid=Cj0KCQiA6dLgBRDoARIsAJgoM4sVCZzJj0CaWJXmNb6fIxDQDCQNSVuD16Efs33NqplO3SYsMcp-LnsaAgxgEALw_wcBor alternatively, pop in and have a chat with us.
Genio Accountants - Keeping you compliant and fine free.
Phone: 023 8212 3336
Address: 33a Portsmouth Road, Woolston, Southampton, SO19 9PE