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At Pento, we are committed to helping employers provide clear and accurate payslips to their employees.
Whichever type of pension scheme you have, whether it’s salary sacrifice, relief at source or net pay arrangement, Pento will display the employee and employer contributions separately. This means the employee can easily see what they are contributing to their pension, and also the contribution from the employer.
Pension providers require employee and employer contributions to be reported separately for all pension schemes except salary sacrifice. Therefore where an employer has set up a salary sacrifice pension scheme, Pento will automatically report both the employee and employer contributions as a total, employer only, contribution as per pension reporting requirements.
The payroll report will also display employee and employer contributions as a total, employer only contribution.