If you are an employer and employee staff over 22 years old or earning over £10,000 you must offer them a company pension scheme, even if they wish to opt out. If you do not set up a pension scheme the regulator may fine you up to £5,000 per company. Please note that this is the responsibility to set up, enrol and reenrol, of the director not the accountant.
The latest news from PMC Partnership incorporating Pomfreys Accountants – 10th January 2025
For self assessment filing, if your personal 2024 is not filed by 31st January 2025 you will receive a fixed £100 HMRC penalty. If the return is still not received within 3 months of this date there is a £10 daily penalty up to a mximum of £90