Following our new logo that we shared with you a few weeks ago, we are now very excited to reveal our brand new website that has gone live this week:
Go have a look around and let us know what you think – any feedback will be greatly appreciated.
Amongst other things, we have introduced a testimonials page. If you are happy with our service, we would be grateful if you could spare just a couple of minutes to give a review about your experience using Sovereign Auto Enrolment Solutions.
Coronavirus Job Retention Scheme
A reminder of upcoming changes
- From 1st of August, the government will still pay the 80% of wages up to a cap of £2,500, and employers will have to pay both employer National Insurance contributions (NICs) and employer pension contributions.
- From 1st of September, the government will pay 70% of wages up to a cap of £2,187.50, employers will pay employer NICs and employer pension contributions, but will also have to top up the wages by 10% to 80%, up to a cap of £2,500.
- From 1st of October, the government will pay 60% of wages up to a cap of £1,875, employers will pay employer NICs and employer pension contributions, they will then be required to top the wages up by 20% to 80%, up to a cap of £2,500.
You can read more about the scheme changes here:
Meet the Team
Leah-Mae Weatherhead – Administrator
Leah-Mae has recently joined the team as an administrator, providing business support. She also deals with queries from clients and ensures that they receive an excellent administration service.
Record Keeping & Compliance
We need you to keep us up to date. Please let us know when anyone starts or leaves your employment, so that we may update our records accordingly.
All new employees need to be provided with the statutory communication, ‘new starter letter’, within the first 6 weeks of their employment.
Please ensure that anything received in respect of your pension scheme is kept on file. This includes but is not limited to: correspondence from The Pensions Regulator, correspondence from your pension scheme provider e.g. NEST/The People’s Pension/Royal London, opt in/opt out notices from employees.