Address

Head office: Brentford|London|Ealing

Opening Hours

Monday - Friday
9:00am - 5.30pm

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CHARTERED
ACCOUNTANTS FOR
AUTO ENROLMENT
AND PENSION SERVICES
IN LONDON

Our accountants in London provide Auto enrolment and pension services for smooth transition to retirement to the employees in your businesses

Are you looking for an auto enrolment and pension services for your businesses in London UK

Majestic Accountants offers a comprehensive, efficient and fully compliant auto-enrolment service for small and medium-sized businesses, ensuring a quick and seamless transition of all your eligible employees into the worker pension scheme.

Setting up employee pension plans has always been part of the services we offer clients since we started. We pride ourselves on the speed and efficiency with which we implement this transition, including a fully compliant auto-enrolment solution, from the planning to completion.

What Is Auto-Enrolment?

Upon retirement, it is ideal for employees to have a comfortable pension fund to rely on for the years to come. Whilst a pension scheme is nothing new and has been in place in many businesses across the United Kingdom for decades, it used to be implemented voluntarily. That is, employees had the choice to take part in the pension program or not. Should they wish to join, it is up to them to notify their employer of their intent. 

In 2012, government studies showed that, on average, employees were not saving as much money for retirement as they should. This prodded the UK government to require employers to implement an automatic pension enrolment for all eligible workers. 

With the new workplace pension scheme, retirement funds increased significantly, giving employees a more sizable financial cushion after retirement.

Who is eligible for the program?

Today, all UK businesses, including small businesses, are legally required to have a workplace pension scheme set and to enrol all eligible employees in this scheme automatically. To be deemed eligible, an employee must meet the following requirements:

  • Be employed in the UK or are a seafarer who lives in the UK
  • Be at least 22 years old 
  • Be younger than the State Pension age, which is currently 66 years old
  • Has not been enrolled in any other workplace pension scheme. 
  • Are expecting to make at least GBP 10,000 for the tax year 2023/2024.

How much are the contributions?

Both, the employer and the employee have a responsibility to make contributions towards the pension. The UK government also gives a contribution by way of tax relief.

As the employer, you must make a minimum contribution of 3% of the worker’s qualifying earnings. The minimum contribution for the employee is 5% of their qualifying earnings, which is inclusive of tax relief.

Majestic Accountants Auto-Enrolment Service 

A few years back, we formally added auto-enrolment to our long line of small business services in accordance with the government’s mandate requiring employers to automatically enrol all eligible employees into the company’s workplace pension scheme. 

Our auto-enrolment solution is specially designed for small businesses and is one of the best in all of London. It fully integrates with your payroll system, HR protocols, and other relevant aspects of your business. 

Our service also includes the determination of eligibility of employees by collecting vital information, checking contracts for legal discrepancies, and so on. The system also ensures that contributions will be automatically made into each eligible employee’s retirement pot.

Should an employee choose to opt out of the pension scheme, they can do so. But as the employer, it is your legal duty to re-enrol them after every three years, and we will help take care of that as well. 

If your business is new or you don’t have an existing workplace pension scheme yet, we will set it for you, including a thorough and efficient automatic enrolment system. 

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What do our customer say about us

EXCELLENT
15 reviews on
Tukiya Mutupa
Tukiya Mutupa
2021-01-20
I have had a really positive experience using Majestic Chartered Accountants. I would recommend working with this firm.
Christopher Wootton
Christopher Wootton
2021-01-20
I was highly recommended to use these accountants and they did not fail. Excellent company and Rochelle did an amazing job at short notice. I now highly recommend them.
drewross6969
drewross6969
2020-07-15
I have been using Majestic for 7 years and the service they provide is first rate and stress free , never had a problem , I highly recommend Majestic to anyone,
Ubaldo Dias
Ubaldo Dias
2020-06-08
We been using Majestic accountants ever since We started our beauty business -Sunita’s beauty. They were highly recommended and are excellent at their work. Rochelle explains things clearly and she’s incredibly knowledgeable & quick. Not to forget the boss Mr. Jamshaid who is a thorough professional. We highly recommend Majestic accountants.
Fiaz Hussain
Fiaz Hussain
2020-01-09
They are very professional and have helped me to grow my business with theirs valuable advice.
Grant Venner
Grant Venner
2019-12-04
Very good. Attentive, quick, good value and a seamless transition to digital submission.
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Our Prices

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Sole Traders/Self assessment

From £25/month

We offer tax planning, bookkeeping, VAT, Payroll, Capital Gain Tax and pension calculations to finalise your personal tax returns.

For more information click here.

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Small Business

From £79/month

We provide accounting and tax advisory services with fees that is highly competitive. We offer bookkeeping, VAT, Payroll, software, Registered office address, tax investigation and tax advisory.

For more information click here.

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Contact us

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Why choose us

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High Quality Service

Our professional qualified team is registered with  Institute of Chartered Accountants in England and Wales , Association of Taxation Technicians and Association of chartered Certified Accountants .

Friendly Staff

No two businesses are alike; therefore, we ensure that we tailor and customise our approach to suite your business accounting  and tax advisory requirements.

Tax Specialism

You need a dedicated accountants to answer any accounting or tax related questions or even tax planning questions to avoid any costly mistakes.

Our team of professional accountants will be there for you via phone or emails.

Fixed Prices

We are partnered with famous accounting softwares QBs and Xero and others. this means more transparency and accuracy in accounts.

Deadlines Always Met

Unlike many other accounting firms, we offer fixed term prices to our clients in line with their accounting needs.

Unlimited Free Meetings

You will be provided full access to your accounts on completion of work. Our friendly team of accountants will always be available to answer your queries.

London Office Location

 

Located in the heart of London in Covent Garden. We are within walking distance to Covent
Garden underground tube station and mainline train station.

Office:

 

Ground Floor 90 Long Acre Covent Garden London WC2E 9RZ.

Telephone:

 

0208-577-0204

 

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