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Auto Enrolment Farnborough and Farnham

Auto Enrolment is the process of the employer having to enrol all staff over the age of 22 automatically into the company’s pension scheme. This is a law that came in place in 2008, however, there have been changes ever since. Starting from the tax year 2018/2019, the contribution levels of the wages have gone up.

Previously, the employer contribution and the contribution of the employee were both set at 1 percent. This has gone up on both sides. As an owner of an SME, you might be wondering what exactly is going to change for you. Luckily, at TFMC we have a lot of knowledge on issues like auto enrolment in Farnborough and Farnham.

Auto Enrolment and the changes that it will bring for businesses

As an owner or manager of an SME, chances are you might be a bit worried about the extra charges that come with the increase in contribution in auto enrolment. Add to that, the administrative work that is going to come with it. However, that is not something you as an owner of a small business should worry about. If you join TFMC, we can offer you many different enrolment packages that come with these packages.

In conjunction with our Payroll services, you can choose to get our full services, and not to worry about payments towards your employees anymore. We will ensure that government regulations and standards are met on a weekly or monthly basis, depending on the payments you make to your staff. This means auto enrolment tasks are implemented adhering to the rules and regulations set by the Pensions Regulator. A large percentage of our auto enrolment clients have than 20 employees. The Financial Management Centre in Farnborough and Farnham offers an auto enrolment service that is affordable.

For more information on auto enrolement farnborough or auto enrolment farnham please contact our office on 0127 6409036 or complete our contact form.

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