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top 5 benefits

Top 5 benefits

Each business has a deadline to start complying with the laws (known as a ‘staging date’) and this date depends on how many people you have on your payroll. You can find out your staging date here.

If you fail to comply, The Pensions Regulator can take enforcement measures, including issuing penalty notices. These are a fixed penalty notice of £400 and a daily fine of up to £10,000 depending on the number of staff you have. They can also issue a civil penalty for cases where you fail to pay contributions due. This is a financial penalty of up to £5,000 for individuals and up to £50,000 for organisations. Click here to read more about these enforcement measures.

top 5 benefits table

Simple Payroll Process

We collect your payroll as normal and complete the whole process for our clients. 3rd party or middleware provider process contains a lengthy, tricky process that requires you to run your payroll twice. We run your payroll and make the submission to your relevant pension provider.


Compliant Payroll

All communications to your employees are done by us and we keep a full audit trail of all communications required. This is kept on our Certax portal in which we keep a copy of all of your payslips, P60’s and auto-enrolment letters to your employees. Not only must you notify all eligible employees prior to your staging date, communications must be sent out as new employees or current employees become eligible. This is an ongoing process, automatic enrolment non-compliance fines can be up to £10,000 per day. Online solutions can help ease the pressures of sending legal communications, by dispatching these notifications directly to the recipient via the cloud at the touch of a button.


Automate Distribution of Payslips, P60’s and Pension Letters

Employees now receive their payslips, P60’s and auto enrolment letters straight to them, Certax Durham deal with this for you so you don’t have to. We can publish these from within our software to a secure online portal. Once delivered your employees can view their current and historic payslips via their smartphone, tablet, laptop or desktop computer, whenever they want! If your employees require these printing we can organise this also. Helps to reduce the amount of cost and time it takes for you to print, sort and send payslips, P60s and pension communications. Your employees also find IRIS OpenPayslips extremely beneficial because it means that they can quickly integrate the receiving of their payslips into their daily life. It also gives them the peace of mind that they are receiving their payslip via a secure, online portal that will ensure they have all of their payslips in a safe place. Payslips, P60s and pensions communications can be printed by the employees for use with loan or mortgage applications for example


Save Time & Costs on your Payroll

Cut out the time & costs of 3rd Party software, when we can submit direct information to your Pension provider for you for a more competitive price.


Advice all the way

If there are any problems along the way we are always there to give you advice and get everything running correctly for you. We have a great payroll department on hand whenever you need us.

 

We manage all your payroll services including auto-enrolment while you manage your business