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Pensions

Pensions are a colossal task for small businesses to manage, which is why many decide to outsource to experts in the field to ease the burden. YPM undertake the following each pay run:

Included

FREE

with all payroll

services

Step 1:

Assessment

Assess employees to determine who must be enrolled and define eligibility categories.

Step 2:

Enrolment

Enrol “Eligible Jobholders” into the pensions and calculate contributions based on your pension requirements.

Step 3:

Submissions

Produce pension output files for submission by your scheme deadlines.

Step 4:

Communications

Provide compulsory letters to employees, keeping them informed and you compliant.