Don’t risk a fine

January 5, 2016 By SGW Payroll | Budget

Many small companies are now being fined by The Pension Regulator. Assuming because staff have opted out that Auto Enrolment is completed is not a defence, you will still be fined if you don’t complete the Declaration of Compliance. Fines start from a fixed penalty of £400 and in addition rises to a daily penalty for non compliance, this can be up to £10k each day! It is not worth a risk, let SGW Payroll take care of Auto Enrolment whilst you take care of business.

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