Bus company to pay more than £30,000 after AE failure

Potential for additional unlimited fine

clock • 1 min read

Stotts Tours and its managing director Alan Stott will be ordered to pay more than £30,000 for their failure to set up a pension scheme for the company's staff.

The order comes after the firm and Stott last month pleaded guilty at Brighton Magistrates' Court to a combined total of 16 offences, leading to The Pensions Regulator (TPR) securing its first conviction under its auto-enrolment (AE) anti-avoidance powers. Around £14,400 of unpaid escalating penalty notices has been accrued, while between £8,000 and £10,000 is being requested by TPR in backdated contributions. At a sentencing hearing yesterday, TPR also called on the court to demand an additional £7,500 in litigation-related costs from the company. The court has the power to impose...

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