The Pensions Regulator has launched its online tools designed to help smaller businesses get to grips with their employer duties under the new laws.
These tools give a basic overview of the things employers need to know and what they need to do next. The topics covered are:
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Find out your staging date: The date when the new law is 'switched on' for a business
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Your employer duties: An overview of what an employer will have to do on their staging date for everyone who works for them
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How to automatically enrol your staff: An explanation of the process that must be followed to automatically enrol staff
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Your minimum employer contribution: Work out what the minimum employer contribution will be for each person who must be automatically enrolled.
Some basic information is needed to use the tools:
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The employer's PAYE reference number and the number of people in the PAYE scheme
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The ages and earnings of all staff.
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