Prepare for Automatic Enrolment

Sage 50 Payroll: Auto Enrolment Edition and The Pensions Module Prepare for Automatic Enrolment 1

What s Section new titlein Sage 50 Payroll Auto Enrolment Edition Automatic Enrolment What s new in Sage 50 Payroll: Auto Enrolment Edition? The introduction of Automatic Enrolment legislation means you ll have new legal duties to help your employees save for retirement. It ll mean a big change to the way that you manage your employees pension; and the legislation carries with it a significant amount of administrative obligations. Complex legislation made simple At Sage we re dedicated to making your compliance with Automatic Enrolment legislation as simple as possible, that s why New Sage 50 Payroll: Auto Enrolment Edition has been designed with features to help you get prepared for this significant legislation change now. 3

New Sage 50 Payroll Auto Enrolment Edition Pensions Centre All the knowledge, tools and resources you need to create the most seamless and stress free move into Automatic Enrolment for your business in the most user friendly format possible. What are the benefits? Enter your staging date into the Pensions Centre and create your personalised Action Plan based on The Pensions Regulator s best practice and Sage Research to help you get prepared and stay on track. Set up your Pensions quickly and easily with Fast Track Pensions; with direct access to leading Pension Providers such as NEST and NOW Pensions from your product. Understand the cost of Automatic Enrolment on your business by calculating the contributions and trying scenarios. Create reminders to keep everyone up to date with what needs to be done and export to Outlook, ical and other calendars. Access all of the Automatic Enrolment information you need in the best format for you; using show me how, get to grips with the jargon with quick audio clips and learn from video clips as you work. Keep track of your Automatic Enrolment preparation progress, showing you where you re up to and what needs to be completed. It s like having one of our Automatic Enrolment experts, armed with a tailored Automatic Enrolment plan for your business, available to you every time you open Sage 50 Payroll. Ensure that the journey to staging date is as smooth, seamless and stress free as possible. 4 5

HMRC Reconciliation HMRC reconciliation quickly provides all the information you need to answer your payroll queries on data and values sent to HMRC quickly, effectively and without stress. Now included in Show Me How. What are the benefits? Always have all of your HMRC information to hand with a quick view of all your previous submissions. Easily tailor your RTI reports to give you exactly the information you need, report by submission and individual employee to save you time. Quickly access all of your RTI related reports in one place. 6 7

New Sage 50 Payroll Auto Enrolment Edition Sage Business Community The Sage Business Community is an exclusive online environment for Sage Cover customers where business advice and support is exchanged 24/7 and it s now available from directly within Sage 50 Payroll. What are the benefits? Experiences, tips and advice from over 175,000 Sage payroll users. Directly within Sage 50 Payroll. Connect and network with like-minded businesses including potential new customers and suppliers. Share your expertise and advice with other members through forum and discussion areas. Learn hints and tips from other members and Sage to help you when using your Sage products and gain access to expert articles. 8 9

The Pensions Module The Pensions Module Sage 50 Payroll: Auto Enrolment Edition will help you prepare for Automatic Enrolment. To complement this we are also introducing The Pensions Module, an additional paid for feature which will automate the process, eliminating the ongoing day to day administration burden of Automatic Enrolment. Sage 50 Payroll Auto Enrolment Edition and The Pensions Module will eliminate the burden of Automatic Enrolment for you and your business. The Pensions Module will: Automatically Assess your workforce Assess your entire workforce against Automatic Enrolment legislation according to UK worker status, age and earnings for each pay reference period at the click of a button. Automatically put your workforce into the correct category; Eligible Jobholder, non eligible jobholder or Entitled worker and automatically enrol all your eligible jobholders into the correct qualifying pensions scheme. Easily manage postponements where necessary and according to the rules you set up; such as to manage probation periods or where the employee may have an earnings spike. Quickly manage opt-in s and opt-outs as they re received from your pension s provider and add any additional easily to the list. Automatically Manage Pensions Data and Payments Automatically create the your data file in the correct format to be sent to your pension provider. Complete your Pensions Provider payments easily with the correct files automatically created detailing the right payment information to the right Pensions Provider. Keep a record of all your data and payments submissions showing when they were made, by who and store your receipt from the pension provider. Queue all of your pending submissions and The Pensions Module will tell you when they need to be sent. Automatically Communicate with Your Employees Automatically create the right, individually addressed, communication for your employee as defined by the Pensions Regulator for each eventuality. Automatically prepare the email or print the communication ready to send. All your communications are prepared and ready, and The Pensions Module will tell you when they need to be sent and record when you ve sent them. The Pensions Module will even attach a copy to your employee s record to keep your audit trails up to date. You can add The Pensions Module to the latest version of Sage 50 Payroll: Auto Enrolment Edition from 14.99 per month Minutes Not Months with Sage 10 11

Entitled worker Earnings are 5,668 or below (aged between 16yrs and 74yrs) Eligible job holder Earnings are above 9,440 (between 22yrs and retirement age) New Sage 50 Payroll Auto Enrolment Edition Non eligible job holder Earnings are between 5,668 & 9,440 (aged between 16yrs and 74yrs) Complex legislation made simple 12 13

New Sage 50 Payroll Auto Enrolment Edition Support for your business Support for your business Sage 50 Payroll: The Auto Enrolment Edition and The Pensions Module Sage Cover Extra Sage Cover Extra offers more than just support for your Sage 50 Payroll software. It s a truly premium support service - giving you priority access to our experts & ensuring your software is always up-to-date with the latest legislation changes. From priority telephone support to Business Toolkits, you ll have everything you need to get the very best out of your business. As a Sage Cover Extra customer you will also get the latest version of your software as soon as it s released free of charge. You can download & install it straight away and you ll be among the first to take advantage of all the new features and benefits. Sage Training From specialist onsite training, to e-learning and webinars, we have a range of training options available to help you and your people get to grips with changes to legislation and become experts in Sage Payroll software. 14 15

Sage 50 Payroll: Auto Enrolment Edition and The Pensions Module To find your local business partner Call: 0845 111 77 33 Automatic Enrolment Complex legislation made simple