Knowing when your company’s staging date is set, is obviously vital to the whole Automatic enrolment process. All employers will be given a staging date, which informs them as to when they need to be ready and prepared for auto-enrolment.
To check your staging date, you may have gotten several letters in the post stating when your staging date is. If you have somehow misplaced these letters, then you can check the date via the employers staging date tool provided by The Pensions Regulator. All you’ll need is your PAYE reference number. You can find this on letters which you should have received from The Pensions Regulator, otherwise you can also find it on the letter HRMC sent to you when you first registered as an employer. Your staging date will be dependent on a few factors, such as: What PAYE scheme the company uses and what the company’s largest PAYE scheme is. Another factor that determines when a company’s staging date is will be based off the number of employees in the company’s PAYE Scheme. It is possible for an employer to bring forward their staging date if they want it to fit in with their financial planning.
To be able to do this they must know what their original staging date is and must notify The Pensions Regulator of their original staging date and what they would like to change this to. Employers can do this by using the online portal.
If you want to know what to do once you’ve discovered your staging date stage, you can find information on this and this blog to help you with the next steps of automatic enrolment. But remember, we are here to help and take this weight off your shoulders by dealing with Automatic enrolment for you. You can contact us using our web form.