UHY Ross Brooke Chartered Accountants
There is just a month left before the new National Living Wage is introduced. From 1 April 2016 employees over the age of 25 who are currently earning the minimum wage rate of £6.70 per hour will see a 50p increase in their pay, bringing it to £7.20 per hour.
Already there are a number of reported cases of businesses who have failed to sign staff up to a workplace pension scheme being hit with escalating fines by the Pensions regulator. Under current workplace pension rules, all employers with at least one member of staff have to undertake certain duties,
If you are an employer, you are probably already aware that the new auto enrolment pension rules mean that you will have to select a pension scheme that meets the legal requirements for certain workers. No doubt you will also want to ensure that you select a good quality scheme