Rowanmoor Group is urging small businesses to check its auto-enrolment staging dates and payroll due to its dealings with a former public sector SME which feared unexpected fines.
Despite becoming a private company, the firm's pension and payroll continued to be handled by the NHS under its PAYE reference number. When the deadline for the company's staging date came around, contact with the regulator revealed the error. The Pensions Regulator had expected the small firm's staff to be auto-enrolled at the same time as their former NHS colleagues. If the group had its own PAYE reference number, this would not have been the case. Rowanmoor Group liaised with The Pensions Regulator to amend the firm's staging date to March 2016. It warned that many small b...
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