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Auto enrolment

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    Auto enrolment

    Hi
    I and my wife are the sole directors in our company and withdraw salary as PAYE. we have no other employee.

    Our staging date is in 2017. However I came across the following extract from the Pension Advisory page;

    "
    If you are the sole director and you have no other staff working for you, the company does not have automatic enrolment duties.

    If you believe you don’t have any automatic enrolment duties you will need to tell us that you’re not an employer.

    If there are other staff working for the company, you will have automatic enrolment duties for them. What you need to do will depend on their ages and earnings

    Our overall compliance approach is focused on educating and enabling employers to comply with the law. In the event that:

    we were investigating a director-only company for a failure to carry out any of their automatic enrolment duties, and
    there is no written contract of employment or other evidence of an intention to create an employer/worker relationship, between the company and a director or directors"


    Help please, do we need to or not?
    TIA

    #2
    Originally posted by bzh View Post
    Hi
    I and my wife are the sole directors in our company and withdraw salary as PAYE. we have no other employee.

    Our staging date is in 2017. However I came across the following extract from the Pension Advisory page;

    "
    If you are the sole director and you have no other staff working for you, the company does not have automatic enrolment duties.

    If you believe you don’t have any automatic enrolment duties you will need to tell us that you’re not an employer.

    If there are other staff working for the company, you will have automatic enrolment duties for them. What you need to do will depend on their ages and earnings

    Our overall compliance approach is focused on educating and enabling employers to comply with the law. In the event that:

    we were investigating a director-only company for a failure to carry out any of their automatic enrolment duties, and
    there is no written contract of employment or other evidence of an intention to create an employer/worker relationship, between the company and a director or directors"


    Help please, do we need to or not?
    TIA
    Yes you can apply for exemption from pension regulation. You need to tell them your company is not a employer for pension regulation purposes via this link.
    https://automation.thepensionsregula.../notanemployer

    Comment


      #3
      Originally posted by Wijay@WISAccountancy View Post
      Yes you can apply for exemption from pension regulation. You need to tell them your company is not a employer for pension regulation purposes via this link.
      https://automation.thepensionsregula.../notanemployer
      OP - your accountant will probably do this for you if you ask them nicely.
      ______________________
      Don't get mad...get even...

      Comment

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