Auto enrolment
Changes to the pensions law (the Workplace Pensions Reform) mean that employers must enrol their employees into a pension scheme and pay into it. Opera 3 payroll will handle your auto enrolment requirements, from categorising your workers and auto enrolling them to managing employer and employee contributions and handling opt-ins and opt-outs.
NEST Pensions
NEST Pensions (National Employment Savings Trust) is a cost effective pension scheme that is available for any employer to meet their new duties. Opera 3 and Opera II Payroll & HR has NEST Integration, allowing you to manage your auto enrolment duties electronically.
Real Time Information (RTI)
Under RTI, employers and pension providers need to tell HMRC about PAYE payments at the time they are made. Opera 3 payroll caters fully for the submission of Real Time Information, including the Full Payment Submission (FPS) required for each pay period.