By default, we’ll auto-renew your domain for you. The only reason we will not renew it is if your payment fails or you ask us to stop your subscription.workplace pension scheme for employees to save for their retirement. At the moment, we only connect directly with Nest Pensions, but you can still use another provider, if you prefer.
At the expiry date, if the domain has not been renewed, you will lose access to it and any services or products attached to it will cease to work. After expiry you will have up to 30 days in which you can renew the domain name and re-activate any services attached to it, at the standard renewal cost. After another 30 days, the domain name license will be suspended and will enter a 60 day grace period called the redemption period. During this time, you will have the option to keep the domain by paying an additional fee, called a redemption fee, in addition to the renewal fee. You will be able to do this in the Tide Domains portal. If you do not do this before the redemption period is up, your registration will be deleted and the domain will be made available for anyone to register.
To be eligible, an employee must:
Be aged 22 to State Pension Age.
Earn least £10,000 gross per year (£833 per month or £129 per week)
When the pension scheme is connected, we’ll automatically assess eligibility and enroll eligible employees within their first month at your company. They’ll start on the standard contribution split, based on their gross salary:
5% paid by the employee
3% paid by the employer
UK law requires a minimum of 8% of the employee's salary to be contributed to pension, but it can be more.
How do I connect Tide Payroll to Nest Pensions?
Log in to Tide on the web and head to: Admin > Payroll > Settings > Integrations > Nest Pensions and follow the steps from there.
Then to configure your pension scheme: Admin > Payroll > Settings > Pension > Configuration
Can I connect Tide Payroll to another workplace pension provider?
Not at the moment, however, if you prefer a different pension provider, you can still adjust your pension to match the configuration of your chosen provider, by going to: Admin > Payroll > Settings > Pension > Configuration
You’ll need to export the Pensions and Payroll Data Interface Standard (PAPDIS) files and upload these to your provider’s platform.
For the download, head to: Admin > Payroll > Settings > Downloads > Pensions > Download the PAPDIS.csv file for the relevant period
