This is a trade facing website. Visit the ACTís consumer site thecyclingexperts.co.uk for information and advice on cycling and find your local independent cycle retailer.

Search News

Results: 1-10 of 2131


17 Jun 2021

The Disability Confident scheme supports employers with the tools to make the most of the talents disabled people can bring to the workplace.

17 Jun 2021

Join the Secretary of State for the Department for BEIS, Rt Hon Kwasi Kwarteng MP, for the next in a seriesof live panel discussions on 23rd June at 10:30 AM

16 Jun 2021

The Bank of England have released details about the new polymer £50 note featuring the mathematician Alan Turing.

16 Jun 2021

Multi-factor authentication (MFA) is an extra layer of protection for your account login credentials and business data.

15 Jun 2021

Rishi Sunak has rejected business demands for an extension of the furlough scheme and business rates relief, despite a four-week delay in the easing of Covid-19 restrictions now set for 19...

12 Jun 2021

Hubtiger, the software developed for bike shops has launched its latest feature to help increase income of the bike shops.

10 Jun 2021

During the Maybe* Masterclass you'll discover each month which Bike shops have had the most social media engagement and why. but we want to find a time that suits you the best. Let us know...

10 Jun 2021

The FCA have announced that they have extended the deadline for implementing Strong Customer Authentication (SCA) for e-commerce transactions to 14 March 2022.

10 Jun 2021

The HomeOffice has asked businesses to take part in the Commercial Victimisation Survey (CVS)- an important survey on the nature, extent and cost of crimes against businesses in England...

10 Jun 2021

Maybe* has profiled the social media performance of the ACT Gold and Silver members to compile the top 10 by social media performance

Back to news menu

Huge fine for firm who ignored auto-enrolment duties

Posted on in Business News , Cycles News , Creative News, Outdoor News

A case where a high street footwear business turned a £400 fine into a bill for more than £40,000 after claiming it was too busy to meet its pension responsibilities, has prompted a fresh warning to employers by The Pensions Regulator (TPR) not to ignore their automatic enrolment duties.

Johnsons Shoes Company was issued with a £400 fixed penalty notice after it failed to comply with the law on the automatic enrolment of its staff into a workplace pension.

Like all companies must do, Johnsons were required to check whether its staff qualified to be put into a workplace pension scheme and to confirm to TPR that it had done so by September 2014, but failed to do so. As a result they were hit with a £400 fine.

Johnsons paid the £400 fine but still did not become compliant. Despite repeated reminders - and being warned that it would face a new fine that would increase by £2,500 per day if it did not meet its responsibilities - the business continued to ignore their duties.

The fine reached £40,000 before the company finally became compliant. At that point, Johnsons refused to pay the fine - forcing TPR to take the business to court to secure payment.

Eventually Johnsons agreed to pay the £40,000 fine and £2,000 court costs, preventing the need for a full court hearing on the matter.

Charles Counsell, TPR's Executive Director of Automatic Enrolment, said: "The failure by Johnsons to act, despite our repeated warnings, left it with a completely unnecessary bill that was more than 100 times the amount it was originally fined.

"The vast majority of employers meet their automatic enrolment responsibilities. We will use all the powers available to us against the minority who choose to ignore their duties.

"Our message is clear: fail to comply with the law and you may be fined. Fail to pay your fine and we may take you to court."

All employers have legal duties and can use the Duties Checker on TPR's website to quickly understand exactly what they must do.

Employers experiencing challenges in meeting their automatic enrolment duties should contact TPR as early as possible to discuss their situation.

 

For more information on your legal duties as an employer visit www.actsmart.biz/pensions

Back to news menu

Useful links

If you have any other queries please contact us.