Out with the Staging Date - in with the Duties Start Date!
As of October this year, instead of being given a staging date from The Pensions Regulator (TPR), new employers will have a ‘duties start date’.
The ‘duties start date’ is the date that an employee first begins to work for a company. For those recruiting after October 1st 2017, it is important to be aware that as soon as their new hire begins working for them, their Automatic Enrolment (AE) duties will also begin straight away.
In keeping with auto enrolment law, once a company employs even one member of staff then they are considered an ‘employer’. This means they have legal duties they must complete in order to comply with auto enrolment and ultimately avoid enforcement action and fines from TPR.
There are numerous tasks that must be completed to ensure 100% compliance with auto enrolment, all of which can be daunting, particularly for a new employer with no previous payroll or auto enrolment experience.
A large portion of new employers will rely on help from their bookkeeper, accountant or payroll bureau to assist them with their employer duties. The Regulator recommends that employers use a low cost or free payroll software that can help them ensure compliance and help with Auto Enrolment.
BrightPay payroll software simplifies the auto enrolment process by automating the tedious tasks involved with AE. If you’d like to learn more about how BrightPay can help, you can book an online demo, download our free 60 day trial.
Written by Cailín Reilly | BrightPay Payroll
- Guide to auto enrolment for new employers
- Auto Enrolment is not over yet
- Auto Enrolment today: Guide to new employers, phased minimum contributions and re-enrolment.