Auto Enrolment service
If Auto Enrolment duties apply to you, Competex is offering an Auto Enrolment service which will incorporate the payroll process. This will be run outside our standard payroll software, so some of the reports you currently receive as a client may differ.
What we do
- Assess your employees at your staging date and advise which category applies to each worker
- Calculate the employer and employee contributions, based on either pensionable pay or qualifying earnings, whichever method is applicable to your scheme
- Produce csv upload files to communicate your contribution information to your pension provider
- Provide you with the communications you need to send to your employees, depending on their category
- Process postponements, opt outs, opt ins and requests to join
- Continually assess your workforce before each pay date
- Handle re-enrolment every 3 years
- Offer guidance
- £300 + VAT, which includes the setting up charge.
- £120 + VAT per year if you make Auto Enrolment contributions.
- No charge for those companies who do not make any contributions within a tax year.