Government supporting pension NEST eggs for small business workers
One of TaxTalk’s partners, Foster Denovo has informed us of an important change to the rules concerning the provision of employee pensions by small business owners. It’s a development likely to impact a number of our clients and we can offer a free initial consultation with Foster Denovo to anyone looking for more information
What has changed on pensions?
The government has agreed that all UK businesses, regardless of size, should offer a company pension scheme or enrol their staff into the new National Employment Savings Trust (NEST). This will mean compulsory contributions of up to 3% from the Employer and up to 5% from the Employee.
Leave a Comment July 4, 2011
