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Corporation Tax Return Southend on Sea
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VAT Services & Tax Returns - Southend on Sea
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Bookkeeper in Southend on Sea
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Accountants in Southend on Sea
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Management Accounts and Reporting - Southend on Sea
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Payroll and CIS - Southend on Sea
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Business Plans Southend
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Year End Accounts Southend on Sea
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Credit Control Southend on Sea
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Auto Enrolment - Southend on Sea
Since the new workplace laws came into place in 2012 – with a lot of changes in regards to pension planning for individuals. The new workplace law had been designed in order to address the pension deficit that was projected for the near future. Part of these new laws was the introduction of automatic enrolment. At various staging dates, depending on the size of the organisation, employers are obliged to carry out pensions auto-enrolment for eligible jobholders into a qualifying workplace pension scheme and pay a minimum contribution rate for scheme members. At the latest, 2018 is the year that it should come in to place.
Are you currently in need of a provider in auto enrolment? The Financial Management offers Auto Enrolment Southend. Why not give us a call today? We can answer your all of your questions on auto-enrolment and the service we offer.
AUTO ENROLMENT SOUTHEND: WHAT ARE MY OBLIGATIONS AS AN EMPLOYER?
As an employer, Often, variables such as wage increase and age can change often – and if you are responsible for enrolling an eligible employee in your system. Deducting the pension contributions from your employees every wage you pay out– whether that be monthly or weekly – is a must. Often, variables such as wage increase and age can change often – and it reflects on the employee’s eligibility.
The current regulations call for people who are older than 22 but under state pension age to be eligible for Auto Enrolment. To add to that, you must usually work in the UK and earn more than £10,000 per year. The current rate is that the employee pays 3% of their salary into the pension scheme, and the employer pays another 2% on top.
AUTO ENROLMENT SOUTHEND: WHAT CAN TFMC SOUTHEND DO FOR ME?
When you entrust your payroll to The Financial Management Centre in Southend, our advisors assess the eligibility of each of your employees each time we administer your payroll function. For the average business owner, this requirement to reassess each employee each time payroll is run is onerous and likely to result in costly errors.
We also liaise and communicate with your pension provider in order to ensure that the transition for each employee into the scheme once eligible will be done flawlessly.
We can take the burden that comes with Auto Enrolment Southend off you – against a very competitive price. Call us today on 01702 814 623 for more information.
Accountancy FAQ's
Tax and accounting can be daunting subjects for business owners. Below FAQ’s can help find the answers to the questions you may be asking.
Do I need an accountant?
By having an accountant, you will ensure that you do not put yourself at risk to the various HMRC penalties and end up having to pay interest that is charged for late registration, late submission of tax returns and late payments of tax.
How can an accountant help me?
As a business owner, your time is valuable and having the ability to spend your time on your business needs is important. By outsourcing to a qualified accountant you can do just that. Here at TFMC our qualified accountants can help you with Financial accounting and reporting, Auditing Preparation of tax documents, Management services and consulting, Financial analysis, Cash management
How much does it cost to have an accountant?
Looking after your business accounts is one of the most challenging parts to running your own business, and also one of the most important. Whether you are a sole trader, self-employed, small business, contractor or limited company TFMC can assist. Package prices vary so call our team today to find out more
Changrez Khan
Southend On Sea
Changrez is the owner and director of TFMC Southend-on-Sea. He is a Senior Financial Management professional with over 25 years of progressive experience. Changrez has a deep knowledge of accounting and finance with world class educational and professional qualifications. He is commercially focused and can add value to any enterprise t...
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Our Plans
All our packages are fully customisable and we offer a fixed price monthly payment schedule - no surprises! This gives you certainty and allows you to spread the cost across the year.
Essential
From
£75
Per month*
Our essential package is suited to all businesses who are looking to ensure compliance with reporting requirements.
Professional
From
£300
Per month*
Take away the burden of managing finances and start focusing more on your business by investing in our professional package
Ultimate
From
£750
Per month*
Completely outsource your accounts whilst still maintaining a close eye on company performance with our ultimate package
* Fees vary depending on the size and need of the client business. Packages can be tailored so please contact us to discuss your requirements.
569 London Road,Westcliff on Sea,
Southend-on-Sea,
Essex,
SS0 9PQ