Auto Enrolment | Kinspeed

Auto-Enrolment

Sage 50 Payroll: Auto Enrolment Edition

Between October 2012 & April 2017- all UK employers regardless of size will have to automatically enroll all eligible staff into the qualifying work place pension. The employer will have to deduct a pension contribution on behalf of the employee, and crucially contribute to the scheme themselves.

Initially the employer and employee will pay 1% of band earnings each. Band earnings are all employee earnings between £5,668 & £41,450 (2013/2014)  This will rise to 5% employee 3% employer by 2018

So, How can Kinspeed Help?

Come onsite for an informal friendly chat to offer help and advice. We can give you a free review. Find out when you’re staging date is. Offer a course to help you gain knowledge. Put in place an action plan. Auto Enrolment doesn’t have to be scary. With the right tools, you can help save yourself time and money.

Benefits of Sage 50 Payroll: Auto-Enrolment

Personalised Action Plan

With Sage 50 Payroll: Auto Enrolment edition. You can enter your staging date into the Pension Centre and it will create a personalised action plan for you based on The Pension Regulator’s best practice. You can also use Sage research to help you stay on track.

Fast Track Pensions

These can be set-up quickly and easily with direct access to leading pension providers such as NEST and NOW Pensions from your own Sage product.

Calculates the Cost

Sage 50 Payroll: Auto-Enrolment edition can calculate the cost of Auto-Enrolment on you business by adding up the contributions and trying scenarios.

Creates Reminders

This will help keep everyone up to date with what needs to be completed and it can be exported to Outlook and other calenders

Constant Stream of Information

There is continuous access to all the Automatic Enrolment information you need in the format that you prefer. With the 'show me how tos' and video clips, you will be picking up the Auto Enrolment jargon within days

Keep Track of Your Progress

You can keep track of your Auto Enrolment progress. It will show you where you're up to and what needs to be completed

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