To be eligible for auto-enrolment, an employee must be: 

Between 22 years old and the state pension age 

Working in the UK under a contract of employment 

Earning a salary of over £10,000/- a year 

Auto-enrolment pension is a government initiative in the UK aimed at encouraging more people to save for their retirement. Under this scheme, employers must automatically enrol eligible employees into a workplace pension and contribute to it. Both employees and employers make contributions, and employees have the option to opt-out if they wish, though doing so may forfeit their employer’s contributions. 

The following services are covered under Auto-enrolment and Pension at Lanop: 

Declaration of compliance: 

The declaration of compliance is a form filed with The Pension Regulator to ensure that an employer’s auto-enrolment duties are being carried out according to current regulations. 

Filing the declaration of compliance is a legal obligation. If it is not filed within five months of the start of your legal duties, you could be fined heftily. 

Employee status Assessment: 

The Pensions Act 2008 places employers under an obligation to automatically enroll UK “workers” and determine their status to confirm who needs to be put on pension. 

Our pension experts can manage all the compliance work, and we can make the process stress-free for you so you can utilize your quality time to grow your business. 

Staging Date Determination: 

A staging date is the last date by which an auto-enrolment scheme must be initiated for employees. It is important to keep track of this; otherwise, penalties will ensue. 

Re-declaration of compliance: 

Every three years from the staging date, or last re-enrolment date, a company must re-declare compliance with The Pension Regulator (TPR). 

‘Not an Employer’ Submission: 

Automatic enrolment obligations do not apply when a company or individual is not considered an employer. For example, a company may no longer employ any staff members, have ceased trading, or if the company only has an owner as staff. 

Pension Obligations for Foreign Employers: 

Pension compliance for foreign employers is an obscure area. However, Lanop has handled multiple such cases successfully. So, give us a call. We’ll take the load off. 

Lanop Accountants eliminates the need to search for an all-encompassing accountancy firm. Our corporate headquarters in London provides practical and efficient solutions to all your accounting needs. 

Our skilled tax and finance professionals work diligently to make your life simpler by reducing financial stress and making business models more lucrative and efficient in accordance with up-to-date regulations. 

Auto-enrolment pension in the UK starts when an employee meets the eligibility criteria set by the government. Specifically, an employer must automatically enrol an employee into a workplace pension scheme and make contributions if the employee: 

1. Is classified as a ‘worker.’ 

1. Is aged between 22 and State Pension age. 

1. Earns at least £10,000 per year. 

Once these conditions are met, the employer is required by law to provide the automatic enrolment pension. 

Yes, contributions to a pension plan in the UK are generally tax-deductible, up to certain limits. The money contributed to the pension is taken from the employee’s pre-tax income, reducing their taxable income. This tax relief helps individuals save for retirement more effectively.