Changes Proposed to Companies With UK Pension Schemes

Sunday, September 9, 2012
Belsize Accountancy in Limited Companies, Limited Company employers, Tax, UK companies, auto enrolment, company pension scheme, pensions

From October 2012, companies will be required to auto enrol new staff into the company pension scheme once earning reach a certain level. Employers will be required to set up a new company pension scheme if one does not exist already. 

All eligible jobholders including anyone aged between 22 and the state pension age and earning over £7,475 will be required to enter the scheme.

Article originally appeared on Belsize Accountancy (https://belsizeaccountancy.co.uk/).