SKL recruitment specialised in providing staff members to work within the care sector across Edinburgh Mews, Bushey and Hertfordshire. Mr Kadzere, who originates from Middlesex, pleaded guilty to three charges of wilfully failing to comply with automatic enrolment duties under section 45 and 46 of the Pensions Act 2008 and one charge for recklessly providing false information to TPR under section 80 of the Pensions Act.
Darren Ryder, the current Director of Auto Enrolment at TPR commented:
“TPR will not stand by if an employer wilfully fails to meet their responsibilities towards their staff - we will take action to make sure workers get the pensions they are due.”
Mr. Ryder is due to leave TPR in early 2020 after working for the company for a duration of eight years.
Now that the Conservatives have been re-elected, many anticipate that their attention will, at least in part, be directed towards expanding on the pledges of the Pensions Bill, which was discussed in their manifesto and within the original Queen’s speech. The Bill promised to give greater powers to TPR in terms of identifying and tackling unscrupulous employers.
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Campaigners urge government to act quickly on pensions injustice pledge 23 December 2019
The CIPP is amongst a group of leading pensions and tax experts calling on the Government to act quickly to deliver its manifesto promise to fix an unfair tax flaw. This flaw means around 1.7 million low-income workers (mostly women) are being unfairly charged 25 percent more for their pensions as a result of the way their employer pension scheme operates. The Net Pay Action Group (NPAG), of which the CIPP is a member, is made up of pension providers, lawyers, tax specialists, payroll specialists, employers, consumer groups and policy experts. Other members of the Net Pay Action Group are: Low Incomes Tax Reform Group, Baroness Ros Altmann, AgeWage, NOW: Pensions, The People’s Pension, Pension and Lifetime Savings Association, The Investing and Saving Alliance, Association of British Insurers, Trades Union Congress, Age UK, Royal London, Smart Pension, The Pensions Administration Standards Association, Legal & General Investment Management, Ruston Smith.
The group has warned that this issue threatens to damage public confidence in auto-enrolment, widen the gender pensions gap, and let down those who need to increase their retirement savings most.
Many pension schemes provide the government-funded savings incentives (generally thought of as tax relief) through a system called relief at source (RAS), enabling lower earners to get the taxpayer-funded contribution to their pension automatically. But other pension providers add this money through a net-pay arrangement, which works well for most people, but not for those who earn less than the £12,500 threshold for paying income tax. These people miss out on the taxpayer-funded contribution to their pensions they would otherwise be entitled to and they end up paying it themselves. As a first step, the Net Pay Action Group, is calling on the Government to provide a firm timeline for its pledged review of the system and commit to implementing a solution. It is urging the Government to consider the action group’s simple and comprehensive solution which requires HMRC to use the data it already collects via PAYE real-time information (RTI) to identify, after the year end, those who have contributed to an NPA scheme and who have not earned enough to obtain taxpayer incentive. HMRC could then provide that sum via the informal P800 process (or those in Self-Assessment could claim relief via their return). This would result in the extra money paid into the pension by these low earners being refunded to them, or that refund being offset against a tax liability. Further details of this proposal are set out here.
Commenting, former Pensions Minister, Baroness Ros Altmann, a member of the Net Pay Action Group, said:
“I’m delighted that the Government has committed to addressing this problem and hope urgent action will be taken to give these low-paid workers, including over one million women, the pension incentives they need and deserve.”
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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