Pensions


Pricing
£1.19/mth
per payrolled person
Minimum £14.75/mth, per org
(includes £9.99 base fee,
plus 4 payrolled people,
plus unlimited unpaid)
Directors pay only £4.99/mth per director,
for the first 1-3 directors. more
How do I move to the PRO plan? Once you reach 4 payrolled people, or at least one of your people has used PRO features, we'll automatically move you over to PRO.
What's the PRO pricing? PRO has a £14.75 minimum per month. This includes a £9.99 base fee, plus 4 payrolled people at £1.19 each.
What's CIS? CIS is payroll tax for builders, and subcontractors. If you've got a CIS contractor, we'll automatically move you over to PRO.
Any hidden costs? There's no hidden or setup costs. Prices don't include VAT, and you never pay VAT to us. If you're VAT registered, you pay the 20% VAT direct to HMRC on your VAT return (via reverse charge) and usually reclaim it on that return.
Yes, pensions are included in our PRO plan at £1.19/mth per person. Learn more
Yes, 1st Money supports all three pension tax relief types: net based, relief at source, and salary sacrifice. Learn more
Yes, every employee has their own contribution rates, or you can set rates for the whole payroll group. Learn more
Yes, the automatic assessment flags employees who qualify for auto-enrolment each payday. Learn more
Yes, 1st Money keeps a clear contribution history for every employee. Learn more
Yes, auto-enrolment runs in the background every payday. Learn more
No, 1st Money sends you a PAPDIS file at each payday that you can send to the pension provider yourself. Learn more
Yes, every employee can opt out of their pension inside 1st Money. Learn more
Yes, both contribution rates are set separately, with built-in checks to keep you compliant with the 8% minimum. Learn more

