Were All In! (pensions)

Has anyone had to deal with the supply of pensions for staff yet can someone fill me in on where the money comes from? Do i have to pay for pensions out of my profit or is it a tax deductable expence?

This may prove helpful. Think you don't have to pay NI on pension contributions and they are a business expense.

www.thisismoney.co.uk/money/smallbusiness/article-2317204/How-small-businesses-prepare-auto-enrolment-pensions.html

Whats a Pension? Am going wi nowt. No friends no family, throw me on the rubbish tip to rot thats how governments want us to end up. Midwife forgot to put silverspoon in my mouth instead of kid next door. WOW that was a release, just bored on second day with no work yet which is unusual for me. No more fingers left to twiddle.

Hi Phax yeah i know its total rubbish and prob isnt relivant to most people here as most are self emplyed couriers so it doesnt effect you but for those that employ people its going to be a legal requirement that we have to offer a pension.

Guess I wont be employing anyone soon then Conrad. Me an my big mouth in stokenchurch now. Come on Courier Exchange pull ya finger out.

PHAX said:

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Guess I wont be employing anyone soon then Conrad. Me an my big mouth in stokenchurch now. Come on Courier Exchange pull ya finger out.

You need one of them big rusty sprinters.

I had a 4myr sprinter 3 years ago changed it THREE times in first month. First day got it home went to start it later in the day. Starter motor needed replacing. So I wont be getting one anytime soon. I like my Partner though may get a Transporter (better for sleeping).

Thanks for the text Leyland Lad hehehe

Keep to under 5 or less employees and your fine

Yeah keeping under 5 isnt an option.

i thought child labour had been banned in this country?!

Set 2 companies up then and split the work force :)

Reading your website i take it your an agency?

http://www.driversrusltd.co.uk/application.php

SMH said:

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Set 2 companies up then and split the work force :)

Simon maybe you could offer a bit of advice to Burnley FC

Simple put your prices up 1% or absorb the cost?

Not just an agency we run a sameday company too www. Driversrussameday.co.uk