TPR’s three-year plan

The Pension Regulator (TPR) has published a new three-year plan, as well as detailed agenda information it takes from pension insurance, anti-fraud, dashboards and dealing with the changing nature of defined contribution pension insurance. The plan is explained through five categories, with a detailed explanation of what will be done…

The Pensions Dashboard Programme

The Pensions Dashboard Programme is an ongoing project in development that will enable people to view all their lifetime pensions savings in one place. It will provide more clarity to individuals on their pensions information so they can organise their retirement plans in a more efficient way. The complete roadmap…

FPS error codes and what do they mean

Once you’ve run payroll to your employees you must send an FPS to HMRC on or before the date of payment, letting them know how much you’ve paid. The following are the most common errors and advice on how to resolve the issue:

Claiming Small Employers Relief (SER)

First off, let’s start with the definition of the ‘small employer’ for the purpose of claiming Small Employers Relief (SER): An employer who pays or is liable to pay total gross Class 1 National Insurance contributions (excluding Class 1A and Class 1B) of £45,000 or less in the qualifying year.…