BrightPayLast updated: 13 December 2022
Elaine Carroll12 December 2022
The Pensions Regulator has recently conducted a series of in-depth compliance checks on 20+ large employers across the UK. The inspections uncovered a number of errors when it came to complying with auto enrolment duties. Employers and payroll processors have a lot of on-going auto enrolment duties that they need to stay on top of. Examples of non-compliance with auto-enrolment duties can include:
Failure to comply with your duties can result in penalties. As well as that, you might need to backdate any missed contributions.
Incorrect earnings thresholds were one of the key errors that were uncovered in the compliance check. This can lead to employees not receiving the pension contributions that they are due. Here, you can read about the auto enrolment earnings thresholds for the 2022/23 tax year.
The Pensions Regulator will continue to monitor employers, no matter their size, to ensure employees are receiving the correct contributions. So, it's important that you stay on top of your duties if you want to avoid any fines.
BrightPay is a payroll software that automates auto enrolment, and makes staying on top of your duties easy by:
By automating these processes, it gives you peace of mind that your auto enrolment duties are being taken care of.
See how BrightPay’s auto enrolment functionality works for yourself