Auto enrolment

Auto enrolment

Didn't find your answer?

Been avoiding this for too long.

First staging date for clients start May 2016.

I've had  lot of approaches and been on a couple of courses (both selling what seem expensive solutions).

Any recommendations for companies providing solutions for sole practitioner with about 50 payrolls (of which probably 40ish are sole directors so can opt out) ?

 

Replies (13)

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By SimonH
08th Oct 2015 14:06

Solution for sole directors

I can put you in touch with an AE specialist who can organise declarations for sole directors that are sent to The Pensions Regulator and then they no longer have to worry about AE unless they take on staff. I think the cost is about £100 but it's money well spent and they're very experienced; our contact is chair of the Friends of AE group in Bristol, which is part of the CIPP.. For some information that is more accessible that The Pension Regulator's, we have set up a not-for-profit group called Auto Enrolment Somerset that is aimed at helping smaller businesses deal with AE and has various practical guides and articles. We set it up for businesses in and around Somerset but obviously anyone can use it! We have a payroll and AE solution that may be suitable for you. I can PM you with some more info if that would help? Simon

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Replying to Paul Crowley:
Man of Kent
By Kent accountant
08th Oct 2015 15:11

£100!

SimonH wrote:

I can put you in touch with an AE specialist who can organise declarations for sole directors that are sent to The Pensions Regulator and then they no longer have to worry about AE unless they take on staff. I think the cost is about £100 but it's money well spent...

I'll send the email for £75.

 

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Replying to Paul Crowley:
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By Kazmc
08th Oct 2015 15:17

No Email

Kent accountant wrote:

SimonH wrote:

I can put you in touch with an AE specialist who can organise declarations for sole directors that are sent to The Pensions Regulator and then they no longer have to worry about AE unless they take on staff. I think the cost is about £100 but it's money well spent...

I'll send the email for £75.

 

It's not even as complicated as an email anymore, there is a form that you can complete on TPR website, takes 10 minutes

https://automation.thepensionsregulator.gov.uk/notanemployer

 

Therefore, I'll do it for £ 50.00 :)

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Replying to Paul Crowley:
Man of Kent
By Kent accountant
08th Oct 2015 15:54

I see an outsourcing opportunity...

Kazmc wrote:

Kent accountant wrote:

SimonH wrote:

I can put you in touch with an AE specialist who can organise declarations for sole directors that are sent to The Pensions Regulator and then they no longer have to worry about AE unless they take on staff. I think the cost is about £100 but it's money well spent...

I'll send the email for £75.

 

It's not even as complicated as an email anymore, there is a form that you can complete on TPR website, takes 10 minutes

https://automation.thepensionsregulator.gov.uk/notanemployer

 

Therefore, I'll do it for £ 50.00 :)

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By Kazmc
08th Oct 2015 14:19

!!!

Really, £ 100.00 charge to remove a director payroll from AE responsibilities? 

 

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By User deleted
08th Oct 2015 14:43

We could help

Good afternoon

We offer solutions which range from advice, to support and all the way through to payroll and AE process.

We work with our sister company which is an IFA business and so we can approach the problem with an amount of ease and simplicity.

Please do get in touch if you would like to know more.

Kind regards

 

Cath Roberts

Stockdale Accountants Ltd

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By bbethj
08th Oct 2015 15:02

The opt out declaration for director only payroll takes possibly 10 minutes per client, definitely not worth £100!!

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Replying to Anonymous.:
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By Kazmc
08th Oct 2015 15:06

Exactly

bbethj wrote:

The opt out declaration for director only payroll takes possibly 10 minutes per client, definitely not worth £100!!

Exactly my thoughts, and a bit disappointed that FoAE & CIPP have been mentioned alongside these kind of figures.

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By TerryDee
08th Oct 2015 17:22

We can help

Hi 

We have a solution specifically designed for Accountants, we are happy to deal with any size of practice.

The headlines of our service are as follows:

We have a team of Advisers who pro actively contact your clients (once you have completed due diligence on us and we are formally engaged)

Our Advisers [***] each client and will advise whether they need exemption, pending scheme status, or a full scheme.

Our advisers will set the scheme up fro the client.

We can guarantee to take anywise of business

We provide probably the best back end software that does everything for the client and is the easiest payroll interface.

We are probably the most competitive offering in the market our fees start at £250 plus £10 per month

We can build in a pay away for the Accountant if required.

For more info email me at [email protected] or visit enrolex.co.uk

 

I hope this is useful

 

Terry

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By AdShawBPR
15th Oct 2015 10:53

Filing a VAT return takes seconds

A VAT return takes seconds to fill in and file.  Checking the transactions and knowing the VAT legislation is what takes the time and what the fee is charged for.  Same goes for Autoenrolment.  I have a similar number of payroll clients to you and, personally, I'm very happy to use Enrolex to take it all off my hands and make sure all my clients are compliant. That may mean a quick form but there has been a lot of confusion about directors and Autoenrolment and I would prefer it all to be dealt with by a specialist.

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By Andy Davis
15th Oct 2015 11:04

Another offer of help

 

I'll thow my hat into the ring to provide you with some help as well. Our accounting practice spent a long time trying to find someone to partner on this issue, and after little sucess led us to create our own solution.

In addition to providing the service to our own client base we offer the solution to other accounting firms, including any necessary marketing support to educate their clients.

We are working sucessfully with a number of practices already.

Everything you need to know is on our website at www.aeautoenrolment.co.uk

If you want any further information please give me a call (Number is on the website)

In relation to your exempt clients, I would strongly recomend that you do this yourself. you will end up collating all of the information for someone else, and you could spend that time completing the task yourself (And charging a fee of course! - £100 is way over the odds,, but £50 is not out of the ball park).

Hope that is of help.

Andy

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By NYB
15th Oct 2015 12:57

I too have about 50 payrolls but far less in the way of directors.

I have linked with a firm called AE Ready Ltd.We operate together. They set up the pension - say with NEST - so it is ready to roll through the payroll which is our responsibility. We will then do the payroll run, send the report over to the Pension provider ready for payment.

Details on web. We have used them since they started and can be recommended

This is working superbly. They do the bit they are expert at and we do our bit.

We have a split charge 2/3rds to them 1/3 to us. Our portion takes us through to after the first payroll run after Staging (the big one where a letter has to go to everybody)

With regards to director's only in m y opinion thei is where there is a little bit of "goodwill". Throw it in for nothing and I am finding that they are heartily grateful that a) we are doing it all and b) for no cost.

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By jsimpson
15th Oct 2015 15:35

Our Perfect Solution

Similar to the other posts, our firm has partnered with an Auto Enrolment Solutions company and we have found them to be excellent.  One off cost to client for a scheme to be set up is £250 plus VAT and monthly admin cost of £20 plus VAT and they do EVERYTHING to ensure compliance and ongoing responsibilities.  Our firm gets 50% back of all these fees.

Our partner has developed their own software which is compatible with all of the main payroll providers' software and this is free to use, so we haven't even needed to buy any additional pension modules.

For businesses with 'director only PAYEschemes' who wish not to be involved with auto enrolment, we have been informing the Pension Regulator of that fact online on the Pension Regulator's website, which takes a couple of minutes.  We have therefore not been charging clients for this.

If you require any contact details, please let me know.

 

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