The legislation brought in a few years ago in respect of Workplace Pensions has so far only affected large employers. However, it now applies to even the smallest employers who may only have a single employee. All employers, including employers of nannies, are affected by this. The requirements are quite complex and rather bureaucratic and, in keeping with recent trends, failure or lateness in complying with the requirements will mean that the employer may incur substantial penalties which will be levied by the Pensions Regulator.
Whether you need to operate a pension to comply with the automatic enrolment legislation, or whether you want to offer a pension to your employee on a discretionary basis, PAYE for Nannies will be able to help.
With all levels of subscription we can include the necessary pension contributions on the payslip at no extra cost but for those employers wanting more support, we offer a fully managed service that takes the administrative burden away from you.
With our Standard or Premium Payroll & Pension service we take the headache of dealing with the Pensions Regulator and the pension provider away from you. We exclusively use NEST (the national provider set up by the government employee savings trust) as our pension provider. As part of the service we make all of the necessary declarations to NEST each month as well as handling the statutory communications with both the Pensions Regulator and your employee. Payments to NEST are taken by Direct Debit and we will instruct NEST to take payment automatically as part of the normal payroll run.