Industry Accountants 2024 - Pensions Auto Enrolment Ireland V United Kingdom (Feb 24)
Category: Tax | Duration: 1hr | Tag: VODIA2402 | Type: Video | Course Level: Foundation | Speaker: Tim Kelsey | Date: 28/02/2024 14:00
Course Details
Ireland is set to introduce pensions saving auto enrolment for employees by compulsory payroll deduction in 2024. The UK did so in 2012 and thus has twelve years of experience as to what the pit falls and challengers will be for Irish companies. For anyone used to the UK regime, the proposed Irish legislation will feel sufficiently familiar to lull payroll practitioners into a false sense of security. But the proposed Irish rules are different enough to ensure that accountants with payroll responsibilities in both countries will need to be careful not to muddle the two regimes. This course compares and contrasts the two auto enrolment regimes and highlight obvious areas of divergence where caution will need to be exercised.
Tim Kelsey covers the following topics during this course:
- The key aspects of the Irish legislation
- Comparison with UK rules to highlight similarities and divergence
- Contribution rates, calculations of contributions and tax relief mechanism
- The choices available to Irish companies as to how to meet the new obligations
- Lessons learned from the UK experience of auto enrolment
CPD Course Speaker
Kelseys Payroll Services
Tim Kelsey
Tim has worked in the Payroll Industry for 33 years, for many years as a Payroll Manager for large UK organisations paying up to 18,000 employees. His particular specialism is international payroll, and he has run payrolls from Kingston, Jamaica to Entebbe, Uganda, and most places in between. In 2007 he formed his own company, and now spends much of his time writing and lecturing on all aspects of global payroll. He is a regular lecturer for PayrollOrg, IPASS, CIPP and many more payroll and HR training companies covering payroll rules in countries such as the UK, China, India, France and Germany.
When not lecturing or writing, he also provides a range of specialist consultancy services to the industry, primarily focused on international payroll requirements. He has contacts within the payroll industry around the world and likes nothing more than to talk “payroll” at global gatherings!
When not lecturing or writing, he also provides a range of specialist consultancy services to the industry, primarily focused on international payroll requirements. He has contacts within the payroll industry around the world and likes nothing more than to talk “payroll” at global gatherings!