Confused by what is required to comply with Pension Auto Enrolment? Get past the confusion with our Pension Auto Enrolment Software.
We are here to guide you through the complexities with easy to use payroll software that is accurate, reliable and compliant. Let us take care of the entire burden ensuring you meet your legislative obligations with the minimum of effort.
For many companies, Automatic Enrolment is a complex payroll issue as well as a complex pensions issue. To limit the impact these issues can have on your business, early planning is essential.
Automatic Pension Enrolment is a key part of the Workplace Pension Reform, which affects every single employer in the UK. Failure to comply can result in substantial penalties being enforced by the Pension Regulator.
River Bookkeeping and Payroll Ltd, use proven payroll software that is essential for pension auto enrolment compliance. Our Pension Regulator compliant system will automatically assess your employees each pay run to add eligible employees, process opt-outs and enrol others who opt-in to join the scheme.
Once assessment has been applied our payroll software will deduct the necessary employee and employer contributions, refund contributions following opt-out notifications and create the necessary communications to your employees as required by the new laws.
The changes mean that it is the employer’s responsibility to enrol employees in a pension scheme and also make contributions towards it. Auto Enrolment is being rolled out gradually over the next few years, so once you have found out your staging date, you need to begin planning.
To discuss your needs and the options available, please contact us.
Below are some of the features of our Auto Enrolment module:
Automatically assesses eligibility as part of the payroll calculation.
Caters for postponement.
Handles Opt-out and Opt-ins.
Employee communications each pay run.
Automatic pensions contribution calculations each pay run.
Automatic pension contributions refunds for Opt-outs.
Employee history assessment events.
Enrolment details and contributions files for upload to pension provider.
Re-enrolment assessment on 3 yearly cycle.
Pension Regulator compliant.