Workplace Pensions

ID-100273517The new workplace pensions law has introduced a series of new pension rules in the UK.  These new rules mean that every employer must automatically enrol workers into a workplace pension scheme if the employee:

  • is between 22 and state pension age
  • earns more than £10,000 a year
  • works in the UK.

Those employing a nanny and other domestic staff who are eligible will need to set up a pension scheme and make contributions to it. Failure to do so may result in fines as this article from the Daily mail warns.

Although the onus is on employers to comply with the new rules, it is important also that nannies ask employers about the new rules and check their enrolment status.

For further information, nannies and employers should contact their payroll company, accountant, or HMRC. More information on workplace pensions is available on the UK Government website and the Pensions Regulator website. In the meantime, our partner Way2Paye has kindly written this guide for nannies and employers.

Margaret Cowell

 

This entry was posted in Advice, Employment, News. Bookmark the permalink.

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