How to opt out of work place pension?

[Wijay@WISAccountancy]

It is one director + one employee. So it seems I am an employer.

Your company = Employer, You = Employee. See below from Pension regulator

Automatic enrolment for directors

I'm the only director of my own company - do automatic enrolment duties apply to me?

If you are the sole director and you have no other staff working for you, the company does not have automatic enrolment duties.

If you believe you don’t have any automatic enrolment duties you will need to tell us that you’re not an employer.

If there are other staff working for the company, you will have automatic enrolment duties for them. What you need to do will depend on their ages and earnings.

Use our Duties Checker to understand the specific steps you need to take.

[Wijay@WISAccountancy]

In process of choosing new accountant.
One of the things he mentioned in the preliminary chat was about the work place pensions.

In a nutshell he said that even thought all employees opt out of the scheme there are still ?monthly? responsibilities for the company to file ?a return?

Is that so or I need to keep searching for an accountant?

Are theatre any responsibilities for the LTD if all staff has opted out?

?? - I am not sure is this was the strict words, but along these lines.

Best you sit with an accountant who can take you through the differences Employer/Employee, Opt in/Opt Out etc. Pension regulators penalties are quite hefty compared to HMRC so best you speak to an accountant sooner than later.

[northernladuk]

To be fair if you need to ask an account about the differences between employer and employee I am sure there are a raft of other things you will need to ask them as well.

[northernladuk]

Your company = Employer, You = Employee. See below from Pension regulator
.

Correct me if I am wrong but he has quite clearly stated at least twice there is him AND an employee but in two responses you've completely missed this... Or is it me?

[kolata]

The company will still be required to submit RTI to HMRC each month with the usual payroll data but depending on your provider, may require a periodic return for the pensions. However if your accountant is doing the payroll then they may be submitting any returns to the pensions provider as part of the package.

OK, I am with NEST, do they require anything more? Do you mean the pension provider to require periodic return? Why would they need that if the employee is opt out?

[Darren at Fox-Bartfield]

Opt out

OK, I am with NEST, do they require anything more? Do you mean the pension provider to require periodic return? Why would they need that if the employee is opt out?

Nest Guidance Document para 3.1.2, page 24

[kolata]

Nest Guidance Document para 3.1.2, page 24

Thanks for that.
Am I wrong, but this is a web based interface in NEST. I have seen it. It holds all the staff and their status for WPP. SO once you have them opt out you don't have to send any more returns or anything.

[Wijay@WISAccountancy]

Correct me if I am wrong but he has quite clearly stated at least twice there is him AND an employee but in two responses you've completely missed this... Or is it me?

you are right - Its me and not you...