auto-enrolment - What does it involve, and should I worry

[OwlHoot]

Just received an email from my accountant enquiring if I wish to be auto-enrolled. Apparently for single-person companies it is optional.

So I am wondering what it is one would be enrolled in, and whether or not this is a Good Idea.

Might opting in help with IR35, for example, in that opting out could put a target on one's back?

[northernladuk]

With that level of IR35 understanding I'd tulip myself if I were you.

[ladymuck]

Auto enrolment is to do with pensions. IR35 is to do with working practices with your client. The two are entirely unrelated.

[NickFitz]

<nluk>Have you tried a search?</nluk>

[d000hg]

Are you talking about workplace pensions - I got a letter I haven't opened yet - or something else?

[AtW]

Auto-enrollment is a very sneaky way to increase NICs

[VectraMan]

There's a website somewhere that will tell you your official start date. Mine was October 2017, so I didn't worry about it, but I assume I have to do something by then even if it's sign a form to say it doesn't apply to me.

[Platypus]

It's a ball ache. I did it for my Dad's company. After studying the various flowcharts and phoning the (useless) helpline, it involved writing a series of letters to my mum asking her if she wanted to enrol to Nest. My advice: write yourself a letter stating your entitlement and offering to join NEST, then write a reply to yourself saying no thanks.

EDIT: but you have to go through the process, and evidence it.

[OwlHoot]

.. it involved writing a series of letters to my mum asking her if she wanted to enrol to Nest. ..

Not criticizing you at all, and I appreciate the reply, but what does that even mean?

As someone mentioned pensions, I presume "Nest" is some twee HMR&C expression we're meant to associate with "nest eggs" (the things pinched from unsuspecting hens within hours of them being laid!)

Like the hen keepers, it sounds like HMR&C have devised this for another crafty tax grab!

[RSoles]

I presume "Nest" is some twee HMR&C expression we're meant to associate with "nest eggs" (the things pinched from unsuspecting hens within hours of them being laid!)

Yep,
New Employers' Stupidity Tax