Micro firms face '£22m fines' over auto-enrolment breaches

Data from The Pensions Regulator (TPR), released in its second quarter 2016 auto-enrolment report, said 262,000 micro employers were expected to stage both this year and in 2017. It said levels of understanding among micro employers - which have fewer than four employees - is about 80%. Payroll provider Paycircle said this means 52,000 of the UK's very small businesses are potentially open to fines for non-compliance. It added based on fines handed out by TPR to date - of which a £400 fixed penalty notice was the most common - total collective penalties for micro employers could reac...