As an employer, you need to offer a Workplace Pension Scheme to your eligible employees. Just because it’s mandatory to offer auto enrolment, doesn’t mean it’s easy to set up and manage a Workplace Pension Scheme. Don’t risk being fined by The Pensions Regulator (TPR) – get support from Wren Sterling to help you pay pension contributions right and on time.
As Engineering firms compete for highly skilled individuals, Employees may receive ‘Benefits in Kind’ (non-cash perks or services provided by an employer to an employee for free or at a reduced cost), which are treated differently by HMRC. When designing these benefits, Engineering firms should consider how this will affect their employee’s Tax Planning.. Wren Sterling also offers Financial Advice for individuals – and can offer one-to-one sessions with Engineers in your company to support their Financial Planning.