There are new duties on employers to help more people save for their retirement and all employers will need to act to comply with the law. You must automatically enrol certain members of your workforce into a pension scheme and as an employer, you will need to make a contribution towards it.
Depending on the size of your business you will have a staging date (start date of automatic enrolment duties)
You can find your staging date here by entering your PAYE reference number…
If you would like to discuss how this specifically affects you and your business, and you would like to start planning for this accordingly, then I can arrange for a trusted Independent Financial Advisor to give you call.