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Posts archive for July, 2018

16th July 2018

Congratulations Ciaran – ACCA Qualified

Filed Under: THL News

THL would like to take this opportunity to congratulate our Accounts Senior, Ciaran Bushby, for passing his final exam.

After 4.5 years of hard studying and completing 14 exams, Ciaran is now ACCA (Association of Chartered Certified Accountants) qualified.

We are excited to see what the future holds and look forward to the next step in the journey!

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12th July 2018

Automatically Enrolling Temporary or Seasonal Staff

Filed Under: Tax

As you may be aware every employer must now put certain members of staff into a workplace pension scheme, including short-term, seasonal, temporary or other staff who are not on regular hours or income. This is known as Automatic Enrolment, which applies to any members of staff aged 22 to state pension age and earn over £192 a week, or £833 a month.

If you employee seasonal or temporary staff, this makes your assessment of who to enrol into a workplace pension scheme more complex, increasing administration time and effort. You will need to consider and assess staffs varying earnings and hours each time you run the payroll.

Staff may not initially meet the criteria to be automatically enrolled, but flexible earnings may push them into the threshold making them an Eligible Jobholder for Automatic Enrolment.

You could consider using postponement for up to 3 months to delay working out who to put into the pension scheme. During this period, you would not be required to put qualifying members of staff into the pension scheme, unless they expressly ask to be put in. At the end of the postponement period, staff who are still working for you and who meet the age and earnings threshold must be enrolled.

If you have any queries regarding Automatic Enrolment or require any assistance, please do not hesitate to contact our Payroll Manager. The THL payroll team can manage and meet the requirements of Auto Enrolment for your company, by assisting with the burden of ongoing day to day administration.

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