Pensions
Managing pensions for your staff can be a pain. Let our payroll team take another job off your list.
Pensions made simple
Simply choose which pension provider you’d like to use, and we’ll do the rest.
We’ll set up the pension scheme across your business, ensuring you comply with the pension regulator.
We’ll make sure your contributions are paid on time each pay period.
And we’ll also deal with any opt-outs and all the paperwork associated.
How We Help
From setup to compliance, day-to-day management, and everything in between, our team will make sure the process of managing your pensions runs smoothly.
We’ll handle all the admin and automated tasks like auto-enrolment, contribution tracking, and any associated reports.
No two businesses are the same, so we’ll make sure your service is tailored to your business needs.
Working together, we’ll keep things ticking along, and always be on hand to answer any questions or make any changes.
Get a full breakdown of everything involved in pensions in our Guide to Payroll.
Do workplace pensions get tax relief?
Yes, workplace pensions do get tax relief in the UK. This means that both employers and employees’ contributions receive relief from their contributions. The pension contributions are deducted from an employee’s gross salary before income tax is applied, reducing the taxable income. For an employer, the contribution is usually treated as a business expense, which is deductible from the company’s profits before Corporation Tax is calculated.
Can you transfer workplace pensions?
Yes, you can transfer workplace pensions at your own discretion. You can even combine all of your different pension pots into one. When people change jobs, it’s often something they consider, but it’s important to be aware of any fees for transferring them over. If you need any advice on whether to transfer it over, speak to our team.
