Smarter accounting

Sole Director Companies and Auto Enrolment

18 March 2017, Auto Enrolment, Employer

A company, or individual without employees is not required to have an Automatic Enrolment Pension Scheme.  Where a company has no-one on payroll and no workers it is normally clear that Auto Enrolment doesn’t apply.  The situation is less obvious with sole director companies and auto enrolment.  If you are the sole director of your company and have no staff or workers, the company does not have automatic enrolment duties

Firstport Start Up and Fine Tune Your Social Enterprise

Start Up and Fine Tune Your Social Enterprise

6 November 2016, Auto Enrolment, Charities, Companies, Employer

If you are thinking of starting up a social enterprise or need advice on running an existing business, come along to the Firstport event in Glasgow on Friday 11th November. A series of free workshops have been organised to help you Start Up and Fine Tune your Social Enterprise.

RTI Late Reporting Codes

19 June 2016, Auto Enrolment, Charities, Companies, Employer

All UK employers are required to report wage payments on or before wages are paid, under the system known as Real Time Information (RTI).  Under limited circumstances HMRC will accept late payroll information.  To avoid a late reporting penalty you will need to use one of the 7 remaining RTI late reporting codes.

Fine Tune Your Social Enterprise

24 February 2016, Auto Enrolment, Charities, Companies, Employer

If you are thinking of starting up a social enterprise or need advice on running an existing business, come along to the Firstport event in Paisley on Friday 26th February.

Tim Alter is proud to be the only top rated accountant in Scotland according to the vouchedfor 2015 listings

Top Rated Accountant in Scotland

12 April 2015, Advocates, Auto Enrolment, Charities, Companies, Employer, Musicians, Sole Traders

Tim Alter is the only top rated accountant in Scotland According to the 2015 VouchedFor listings, Tim Alter is the only Top Rated Accountant in Scotland!  Alterledger’s founder, Tim Alter is focused on customer service, and is delighted to have positive feedback from clients.   How VouchedFor works The VouchedFor website is like a tripadvisor […]

National Insurance for under 21s

18 March 2015, Auto Enrolment, Charities, Companies, Employer, Sole Traders

April 2015 changes to National Insurance From 6th April 2015 employers will no longer have to pay National Insurance for under 21s.  To take advantage of this change, you will need to make sure your payroll software is up to date, but you will also need to use one of the new National Insurance category […]

Relaxed PAYE late filing penalties

24 February 2015, Auto Enrolment, Charities, Companies, Employer

HMRC will not impose PAYE filing penalties for short delays All UK employers are required to report wage payments as Real Time Information (RTI) to HMRC.  Until now this has meant that you need to submit your payroll information to HMRC on or before the date you pay your employees.  However HMRC announced that they have relaxed PAYE […]

Auto enrolment categories of workers

22 February 2015, Auto Enrolment, Charities, Companies, Employer, Sole Traders

Who is entitled to a pension? The three auto enrolment categories of workers are defined by their age and earnings.  Each category is explained in the table below.  Workers must be assessed each pay reference period (pay day) and anyone moving from one category to another must be dealt with according to the regulations. Entitled […]

Auto enrolment minimum contributions

18 February 2015, Auto Enrolment, Charities, Companies, Employer, Sole Traders

 Employer and employee contributions From an employer’s staging date, they are required to provide a pension scheme and monitor the pay of workers according to thresholds set by legislation.  At the time of writing the legislation relating to 2015/16 is still in draft format, but expected amounts are shown in the table below. View image […]

Auto Enrolment Multiple Postponement

18 February 2015, Auto Enrolment, Charities, Companies, Employer, Sole Traders

Can an employer postpone automatic enrolment duties on multiple occasions in relation to the same worker? Postponement is described as ‘postponement of automatic enrolment’ and sometimes referred to as a ‘waiting period’.  Essentially it means the postponement of the assessment of the worker and therefore a postponement of whichever employer duty may apply, depending on […]

SASEN Conference 2015

17 February 2015, Auto Enrolment, Charities, Companies, Employer

South Ayrshire Social Enterprise Network (SASEN) The SASEN Conference 2015 is taking place at the Carrick Centre in Maybole on 27th February.  It is free to attend for social enterprises by signing up at the Firstport website. SASEN Conference 2015 Workshops Alterledger is joining other social enterprise specialists in holding workshops on various topics to help […]

Know your staging date

16 February 2015, Auto Enrolment, Charities, Companies, Employer, Sole Traders

What is a staging date? Your staging date is the date your automatic enrolment duties come into effect.  You must be prepared for this date, at which point you are obliged to have a suitable pension scheme in place.  The law on the new employer duties and safeguards commenced in July 2012.  Each employer is […]

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