Hundreds of thousands of small businesses across the country will soon be reaching their staging date for pensions auto-enrollment.
An employer’s staging date is determined by the number of people in the largest PAYE scheme that they use, based on the data from HM Revenue and Customs held on 1 April 2012. An employer’s staging date is set in law and is the date your automatic enrollment duties apply. You must be prepared by this date.
It’s also possible to bring your staging date forward to align it with other business practices, such as the start of your financial year.