The Pensions Regulator has got their first prosecution of a firm deliberately failing to provide workplace pensions for their staff.
The firm is Stotts Tours (Oldham) and both the firm and the Managing Director, Alan Stott will have to pay over £60,000 to The Pensions Regulator after they admitted they deliberately tried to avoid providing auto enrolment pensions to their workers. Which is against the Law.
The Judge said that Mr Stott had buried his head in the sand, and this later left him out of his depth.
There is lots of help and advice around for businesses on auto enrolment. At Payroll Masters we can help you with the administrative and reporting functions of pensions and related payroll matters .
The Pensions Regulator site also has lots of useful information on their website.
If you are in any doubt about this or any other aspect of payroll, pension administration and related matters please contact us , if we can help we will, if it is something we don’t deal with we can point you in the right direction. We are a business and we have been through auto enrolment ourselves, we are happy to share our experience and we are always here to help.