Many small businesses with employees will soon be encountering auto-enrolment. They will get a letter from
The Pensions Regulator
to tell them about the Staging Date, and to ask them what they intend to do.
If you are the only director and the only person on the payroll of a small company, then you don’t need to set up a pension scheme, but you must respond to this letter just the same.
Just ask your accountant for advice whenever you need it.