Forum Message

Pension

I have just one employee whi has just been auto-enroled into a pension scheme. How do I account for the empoyer and employee contribution and the payment to the pension company


Posted by Nigel Northfield on Mar 22, 2016 3:22 PM GMT

Hi Nigel,

I think you can just add the employer and employee contributions to the amount paid to the employee - this will give you a total 'Employee Cost' figure. You can then record the salary payment as though you had paid the full amount directly to your employee.

I'm not an expert on this - please check this approach with your accountant as he/she may prefer a different method.


Posted by Karyn Green (Solar Accounts) on Mar 23, 2016 12:08 PM GMT