BID BUSINESS FORUM Kirkcaldy BID levy payers & Kirkcaldy 4 All Society Bar & Restaurant Wednesday 17th February 2016

 Welcome & introduction from Harry Cormie – Chair of Kirkcaldy 4 All.  Bill Harvey – Update on recent town centre matters.  David Cameron-Harper – Auto-enrolment requirements for small businesses - Cairn Independent Financial Ltd.  Questions  Networking AGENDA

 2016 Events Calendar  Town Centre Parking Pilot  Phase 3 of the High Street  Retail Park Expansion Update on Town Centre Matters

Event NameWhenWhereTimeWho Kirkcaldy Sand Races 9 th AprilBeach – Basin carpark end.12 – 3pm Kirkcaldy & District Motor Club, Kirkcaldy 4 All. Kirkcaldy’s Food & Drink Fair 14 th MayAtrium Fife College11 – 4pmKirkcaldy 4 All/Fife College 2 x The Postings Shopping Centre campaigns Mar/April & Sep/OctThe Postingsn/aThe Postings/K4A Kirkcaldy Waterfront Beach Highland Games 11 th June Beach opposite Mercat Shopping Centre 10am – 2pmKirkcaldy 4 All Fest on 1630 th JulyMultiple Town Centre locations10 – 4pmOnFife Ingolstadt Beer & Music Festival 1 st – 4 th SeptemberTown SquareMidday – 10pmIngolstadt Society/ K4A Christmas Lantern Workshops 5 th – 19 th NovemberMercat Unit10 – 4pm each SaturdayKirkcaldy 4 All Christmas Lantern Parade, Light Switch on and fireworks. 26 th NovemberHigh Street and Town Square4.30pm – 6pmKirkcaldy 4 All Small Business Saturday 3 rd DecemberHigh StreetAll Day (entertainment 11 – 2pm) Kirkcaldy 4 All 2016 Event Calendar

Update on Town Centre Matters  Town Centre Parking Update  Phase 3 of the High Street  Retail Park Expansion

Auto Enrolment Getting Ready David Cameron-Harper Chartered Financial Planner Cairn Independent Ltd 17 February 2016

Auto Enrolment Business Tax Or Essential Employee Benefit

People Living Longer Men 83 Women 85 * State Pension Men 65 – 68 Women 60 – 68 April 1978 ** April 2016 £155.65/week 35 Years qualifying NIC *** Auto enrolment Staging Date ??? *1 ONS: Interim Life Tables 2008 – Based on life expectancy at 65 for the UK **State Pension Age Timetables Gov.UK Website. ***Pensions Management Institute Workbook ‘Certificate in Pensions Automatic Enrolment’ Nov 2014 Edition Solution: Workplace Pensions

Auto Enrolment Employer Obligations Postponement Assess Workforce Staging Date Eligible Jobholders Default Investment Penalties Non Eligible Jobholders Pension Provider Communication Contribution Levels Entitled Workers Record Keeping

Auto Enrolment - Employer Key Tasks  Be aware of your staging date  Employee communication  Choose a pension plan  Select a default investment fund for employees  Categorise your workforce  Automatically enrol all eligible employees on your staging date  Manage your payroll  Correct contributions  Employee assessment  Manage opt ins/outs  Record keeping  Declaration  To the pensions regulator  Re-Enrolment (every 3 years)  Penalties

Contributions Qualifying Earnings TotalEmployer Oct 12 – Apr182%1% Apr 18 – Apr 195%2% Apr 19 onwards8%3% Qualifying earnings: Defined as earnings between £5,824 and £42,385 (these figures expect to change yearly) and include salary, wages, commission, bonuses, overtime, statutory sick pay, maternity and adoption pay and ordinary or additional statutory paternity pay. Eligible Jobholder: Aged between 22 and state pension age and earning above £10,000 (2015/16). Non eligible jobholder: Aged below 22 and above state pension age and earning above £5,824 (2015/16) also anyone aged between 22 and state pension age and earning between £5,824 and £10,000 (2015/16) Entitled worker: Anyone earning less than £5,824 (2015/16)

Auto Enrolment - Our Service  Self Help  The Pensions Regulator   Direct Offer  ‘Off the shelf’ solution  Allows you to fulfil your obligations  Advised  Design and Set up  Provides solution to meet your specific needs

Questions

Questions & Networking Thank you for coming!