Paula White, Payroll Manager, answers some of the FAQs we hear most often… My employee is not eligible to be auto enrolled, can they request to join the Pension Scheme? Yes, please ask them to put it in writing stating the date they would like to join. Can I my employee contribute more from their…
It’s time for another ‘Meet the team’ – where we shine a light on the people behind the numbers. Next up is Paula White, our Payroll Manager, making sure payday runs like clockwork and supporting our clients with expert, down-to-earth advice. When did you join Ascentant Accountancy? I’ve been with the team since September 2024. How did you get into payroll? …
If you employ staff or need to pay yourself as a Director, you will likely need to set up a PAYE (Pay As You Earn) Payroll scheme. This is needed to report your Real Time Information (RTI) Payroll information, Employer Payment Summary (EPS) and Full Payment Submission to HMRC to declare any tax or NI…
It is a legal requirement to automatically enrol employees in an approved Pension Scheme for Automatic Enrolment where their pay exceeds the Lower Earnings Limit. Automatic Enrolment Duties do not apply to Directors. Currently employees must contribute 5% of their salary and employers must contribute 3% of salary. Eligibility If employees are above 22 but…