½Û×ÓÊÓƵ

Automatic enrolment ― preparation for newly established employers

Produced by a Tolley Employment Tax expert
Employment Tax
Guidance

Automatic enrolment ― preparation for newly established employers

Produced by a Tolley Employment Tax expert
Employment Tax
Guidance
imgtext

The automatic enrolment regime requires employers to enrol certain workers in a pension scheme which meets at least minimum standards (known as a ‘qualifying scheme’). This is commonly known as the ‘employer duty’.

When the auto-enrolment policy was being rolled out (from July 2012 onwards), this employer duty was ‘staged’, with the largest employers then in existence being subject to the duty first. There were other aspects of this gradual approach to the duty applying, but none are relevant now. The current position is that for employers now being newly established this employer duty applies as soon as the employer employs a worker. The employer must then assess whether that worker is an eligible jobholder and where this is the case, enrol them in a qualifying scheme. This process must be carried out for all workers.

However, the employer can apply a waiting period of up to three months after the eligible jobholder’s ‘starting day’ (ie the first day on which the employee meets the conditions for auto-enrolment to apply).

For more

Access this article and thousands of others like it
free for 7 days with a trial of Tolley+™ Guidance.

Powered by
  • 29 Sep 2023 10:32

Popular Articles

Enterprise investment scheme tax relief

Enterprise investment scheme tax reliefOverview of EIS tax reliefsThe enterprise investment scheme (EIS) offers significant tax reliefs to encourage individuals to invest money in qualifying shares issued by qualifying unquoted companies. The scheme is designed to encourage investment in small,

14 Jul 2020 11:36 | Produced by Tolley Read more Read more

Sales, advertising and marketing

Sales, advertising and marketingExpenditure on sales, advertising and marketing activities may include amounts which are disallowable for the purposes of calculating trading profits. This may be because the expenditure is:•capital in nature (see the Capital vs revenue expenditure guidance note)•not

14 Jul 2020 13:28 | Produced by Tolley Read more Read more

Non-business expenses

Non-business expensesIntroductionIn order for an expense to be tax deductible it must be incurred because of an employee’s employment. Any non-business related expense is, therefore, not relievable except in some very particular circumstances.This guidance note deals with three separate issues. The

14 Jul 2020 12:16 | Produced by Tolley Read more Read more