What does Auto-Enrolment mean for your business?

If you employ at least one person you are an employer and you have certain legal duties. You must set up a company pension scheme for your employees and pay into it when you get a pension staging date from the Pension Regulator. At Pebbles Bookkeeping we specialise in setting up these schemes for local businesses in Stockport and South Manchester.

The minimum contribution from both the employer and employee is set to increase over the coming years.

Minimum auto enrolment contribution rates
Up to Employer Minimum Employee Minimum
5th April 2018 1% 1%
5th April 2019 2% 2%
From the 6th April 2019 3% 5%

What is a Staging Date?

A company’s staging date is the date they must begin to start the automatic enrolment process and offer a workplace pension scheme to certain employees. The staging date can be found by entering the employer PAYE number on the Pension Regulator website. Companies with a large number of employees began enrolling employees in 2012, with smaller companies due to enrol before October 2018.

Employee Opt Out and Opt In Requests

After you have enrolled eligible employees, they are entitled to opt out of the pension scheme. Non-eligible employees may choose to opt in to your auto enrolment scheme. Although they are not required to be enrolled automatically, they are still entitled to both employer and employee pension contributions.

Auto Enrolment Setup and Employee opt out/in

Does this all sound baffling? Give us a call and let Pebbles Bookkeeping take the hassle away. We can setup the scheme and opt-out or opt-in employees for you where necessary. We have setup lots of schemes in the last year for a variety of businesses. We also offer an outsourced service for IFAs and Accountants to manage the auto-enrolment for their customers. We can do this from our Stockport office or come to your business in the Stockport / South Manchester area.

FAQ’s

Payroll involves managing employee wages, taxes, and deductions. It’s essential for ensuring employees are paid accurately and on time while staying compliant with regulations.

Workplace pensions are savings schemes where both employers and employees contribute to a fund for the employee’s retirement.

Yes, under UK law, all employers must automatically enrol eligible employees into a workplace pension scheme and make contributions.

A bookkeeper can manage payroll processing, ensure compliance with pension regulations, and handle deductions and contributions accurately.

Get in Touch

Get in touch today and find out how Pebbles Bookkeeping could help with your Pension Auto Enrolment set up

What our clients say…

Diane has been providing her services to my company for approximately 6 months now and I can honestly say that due to her assistance, my company is running a lot more smoothly than it has at any time over the previous 30 years that it has existed.

I would just like to say that I would recommend her services to any business, whatever the size, as I can only see that her services would be beneficial to any company that may choose to employ her services.

Wayne Dinning, Managing Director, SD Waste Paper Limited

Pebbles Bookkeeping took over our bookkeeping when a full-time member of staff left the business.  Our accounts are relatively complex for a business our size because of the number of different suppliers and products we deal with, but Pebbles were able to get quickly up to speed.  We have significantly reduced our costs spent on bookkeeping activity as a result. They have also helped us move to a new accounting system (Xero), which we are already seeing the benefit of, and we’re looking forward to working with Pebbles in the future to automate more of our back-office processes.

James Balderstone, Lucid Networks

Only The Brave have used Pebbles Bookkeeping for a few years now and we treat them instinctively like an integral department of our business.

I have worked with Sean for over two decades in my previous businesses and when Sean and Diane went on their own it was a no brainer to get them involved with our day to day accounting.

Pebbles manage our bookkeeping, expenses, credit control and PAYE and have a keen eye for detail and help us spot important financial matters before they become issues.

Their integrity and honesty are unquestionable and as a result, Pebbles are an asset to our business and will continue to work with us for many years to come.

Nick Aldrich, Only The Brave

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