Henry Brown & Co Chartered Accountants
Map Facebook Twitter picasa 
26 Portland Road · Kilmarnock · Ayrshire · KA1 2EB | Call us on: +44 1563 522308

SMEs struggle to meet auto-enrolment deadline

21-12-2015

Many small businesses will struggle to meet the deadline to have an auto-enrolment pension scheme in place for employees if the government does not extend the current deadline, according to the Independent’s David Prosser. On 1 January, employers with fewer than 30 members of staff must begin the detailed work of auto-enrolment compliance and, by April 2017, every employer must be up and running with auto-enrolment. However, research published in October by Now: Pensions found that 10% of small businesses are already missing their deadlines, with a further 25% only just hitting the mark. Furthermore, the Pension Regulator has no mandate to treat smaller employers less harshly than larger firms, and has already ruled out doing so.

Latest News