personal accounts
Personal Accounts - still blissfully unaware? - 20 September 2009
Many business owners are still blissfully unaware of the impact that Personal Accounts will have on their business. In addition to these reforms having severe administration issues, they will increase the cost of your payroll between £150 and £1,000 per employee per annum.
Initially launched as a White Paper in 2006 personal accounts is a means for individuals to save for their own pensions. In November 2008 the provisions were enacted in the Pensions Act 2008. read the full details
