20/01/2020
New National Living and minimum wage rates have been published which will take effect from April. They are;
16-17 £4.35
18-20 £6.15
21-24 £7.70
25+ £8.21
Apprentice £3.90
It is essential that you ensure this rates are met to avoid action by HMRC.
It is now over three years since the Auto Enrollment pension scheme came into effect and you should receive correspondence from The Pensions Regulator about re-enrollment. As well as assessing employees each pay cycle to make sure everyone who should be enrolled is, eligible jobholders who opted out need to be re-enrolled after three years. You can choose a date for re-enrollment up to 3 months before or 3 months after your anniversary. A declaration then needs to be made to TPR to confirm your obligations have been carried out.
Please contact us for further information on any of the above.