COVID-19 Update

Payroll Update - 23rd March 2020

Payroll Update - 23rd March 2020

The government has announced that it will help employers pay their employee’s wages in these difficult times.

  • Employers can claim 80% of employee’s wages, up to the value of £2500.00 per month.
  • This can be backdated to 1st March 2020.
  • This is expected to be available for 3 months.
  • Auto enrolment pension obligations will continue, which will involve a minimum employer pension contribution having to be paid in relation to the furloughed workers but based on the pay they actually receive during that period.
  • There will be a portal where the information of the employees will need to be input.
  • You will need to inform designated employee’s they are now classed as ‘Furlough Employee’, this would need updating on their employment contracts
  • SSP is to be paid from day 1 of absence if they are absent due to Covid-19.

Having spoken to the HMRC on 23/03/2020, they are working on the portal required, but are unsure now when this will be available.

We are here to help in these uncertain times, so please don’t hesitate to contact us

  • We can process your payroll if required
  • We will provide regular updates, once we are aware of any changes

Any questions please give us a call on the below numbers

  • Pensions – 0113 4574574
  • Payroll – 0113 4574565

Or email support@workplacepensionsdirect.co.uk

We’ve helped nearly 2,000 employers to comply with automatic enrolment pension legislation.

 

If you need help with payroll or pension administration please give us a call.

We’ll provide you with a free quote, with no obligation whatsoever. 

Speak to pension and payroll experts today. 

We can help if you’re:

 Past your staging date
Currently being fined for missing your duties
Struggling with an existing pension scheme
Worried about non compliance penalties
Get in touch
Your quote
Initial
£excl. VAT WPD Fees
£ Available Cost Savings
Ongoing
£excl. VATper month WPD fees
£per annum Available Cost Savings

Thank you for requesting a quote from Workplace Pensions Direct



We’ve sent you a bespoke auto enrolment Project Plan by email to help you understand your auto enrolment duties and how Workplace Pensions Direct can help you get compliant, and stay compliant.

Close

*Monthly fee initial 24 month contract: See Fees for details

Assumptions: 2016/2017 tax year – £26,500 average pay – 15% average staff turnover. Available ongoing cost savings are from salary exchange, earnings definition, postponement for new starters, employee charges, employee lost investment return, and employer charges.

Please, contact us

Because of the size of your company, we can generate a bespoke quote based on 50 or more employees. Please get in touch with us by contacting us through the button below, and we’ll return with a bespoke quote and fee breakdown the same day.

Get a quote

Fill in your details below and we will e-mail you our Project Plan and Quotation.  If you have any questions or special requirements, please phone us on 0113 457 4574.