The Pensions Regulator has published a 5 step checklist for employers to help you plan ahead and comply with AE. Before embarking on your journey to AE you will need to know your staging date.
Your compliance date (known as a staging date) can be calculated using the following scale:
* To clarify your staging date please log on to the Pension Regulator website and enter your PAYE code. Your staging date will be determined by the number of staff you had in April 2012.
Employers should be aware that failure to comply with tPR guidance could result in a £400 fine increasing to £10,000 per day for non-compliance!