HMRC pension newsletters
HMRC issue a variety of pension related newsletters. These cover almost anything to do with pensions and contain valuable information. A brief summary and links to the newsletters issued so far are below:
Newsletter 153 – October 2023
This edition (opens in a new window) includes information on the following:
- pension flexibility statistics
- registration statistics
- managing pension scheme service - event report
- managing pension scheme service - two steps to migrating your schemes - enrol and migrate
- managing pension scheme service - pension scheme return
- managing pension scheme service - types of pension scheme return
Managing pension schemes service newsletter – September 2023
This edition (opens in a new window) includes information on the following:
- event reporting launch on the Managing pension schemes service
- filing Accounting for Tax (AFT) returns
- pension scheme return
- two steps to migrating your pension schemes - enrol and migrate
Newsletter on the public service pensions remedy - August 2023
This edition (opens in a new window) includes information on the following:
- The Public Service Pension Schemes (Rectification of Unlawful Discrimination) (Tax) (No.2) Regulations 2023
- reporting of annual allowance (AA) tax charge for 2022 to 2023
- scheme pays extended to fully retired members
- scheme administrator applications for repayment of overpaid tax
- lifetime allowance (LTA) excess lump sum that is no longer a lifetime allowance excess lump sum due to the remedy
benefits from member voluntary contributions (MVCs) in payment before the remedy comes into force - changes consequential to Finance (No2) Act 2023
Newsletter 152 – July 2023
This edition (opens in a new window) includes information on the following:
- legislation day (L-day) 2023
- legislation day (L-day) 2023 - relief at source
- legislation day (L-day) 2023 - abolition of the lifetime allowance (LTA)
- relief at source - annual return of information for the tax year 2022 to 2023
- pension flexibility statistics
- qualifying recognised overseas pension schemes transfer statistics
- purpose of a registered pension scheme
Newsletter 151 – June 2023
This edition (opens in a new window) includes information on the following:
- annual allowance calculator
- abolition of the lifetime allowance - payment of stand-alone lump sums - lump sum taxation
- abolition of the lifetime allowance - payment of stand-alone lump sums - lump sum reporting
- managing pension schemes service - pension scheme migration
- managing pension schemes service - event report
- managing pension schemes service - filing accounting for tax returns
- managing pension schemes service - pension scheme return
Newsletter 150 – May 2023
This edition (opens in a new window) includes information on the following:
- relief at source - annual return of information for the tax year 2022 to 2023
- managing pension scheme service - pension scheme migration
- managing pension scheme service - pension scheme return
Newsletter 149 – April 2023
This edition (opens in a new window) includes information on the following:
- Spring Budget 2023 - lifetime allowance
- annual allowance calculator
- relief at source - annual return of information for the tax year 2022 to 2023
- relief at source - APSS107 Registered pension schemes annual statistical return
- registration statistics
- pension flexibility statistics
- managing pension scheme service - pension scheme return
- managing pension scheme service - accounting for tax returns
- managing pension scheme service - event reporting
Lifetime allowance guidance newsletter — March 2023
This edition (opens in a new window) includes information on the following:
- Overview
- Pension commencement lump sum and lifetime allowance protections
- Taxable lump sums and PAYE for employer’s payroll reporting
- Public Service Pensions Remedy (McCloud)
- Further guidance
- Lifetime allowance working group
Newsletter 148 - March 2023
This edition (opens in a new window) includes information on the following:
- Spring Budget 2023 - lifetime allowance
- Spring Budget 2023 - pension commencement lump sum
- Spring Budget 2023 - annual allowance
- Spring Budget 2023 - Public Service Pension Schemes
- Spring Budget 2023 - Public Service Pension Remedy (McCloud)
- Spring Budget 2023 - pensions relief relating to net pay arrangements
- Spring Budget 2023 - pensions tax administration - digitalising relief at source
- Spring Budget 2023 - write downs for annuity products and insurers liabilities
- Spring Budget 2023 - collective money purchase pension schemes - winding up
- relief at source - Scottish Income Tax rates
- relief at source - Welsh Income Tax rates
- relief at source - annual return of information for the tax year 2022 to 2023
- relief at source - APSS590 annual return of information declaration
- accounting for tax returns - system down time
- event reporting - scheme wind up or scheme becomes or stops being a Master Trust
- event reporting - submitting historic event reports
- event reporting - create, compile and view event report
- event reporting - bulk reporting for event report
Newsletter 147 - February 2023
This edition (opens in a new window) includes information on the following:
- relief at source - look up service
- public service pension remedy - regulations
- accounting for tax returns - change to accounting for tax
- accounting for tax returns - system down time
Newsletter 146 – January 2023
This edition (opens in a new window) includes information on the following:
- relief at source - notification of residency status report for 2023 to 2024
- relief at source - if you did not receive a notification of residency status report
- pension flexibility statistics
- managing pension schemes service - event reporting
- managing pension schemes service - pension scheme return
- managing pension schemes service - pension scheme migration
- managing pension schemes service - how you can help us
- accounting for tax returns - filing accounting for tax returns
- accounting for tax returns - changes to accounting for tax
- pension scheme transfers
Newsletter 145 – November 2022
This edition (opens in a new window) includes information on the following:
- public service pensions remedy letter
- managing pension schemes service - enrolling on the managing pension schemes service
- managing pension schemes service - viewing your list of pension schemes
- managing pension schemes service - managing user accesses
- managing pension schemes service - viewing interest charges
- accounting for tax returns
- annual allowance - members declaring their annual allowance on their self-assessment tax return
Newsletter 144 – October 2022
This edition (opens in a new window) includes information on the following:
- requesting a refund from Pension Schemes Services
- pension flexibility statistics
- registration statistics
- pension scheme migration - enrolling on the Managing Pension Schemes service
- pension scheme migration - viewing your list of pension schemes
- accounting for tax returns
- managing Pension Schemes service - how you can help us
- digitisation of relief at source - digital interim claims - update
- digitisation of relief at source - update on delivery
Newsletter 143 – September 2022
This edition (opens in a new window) includes information on the following:
- Government’s Growth Plan 2022
- relief at source – annual return of information and notification of residency status reports
- relief at source – reporting excess relief
- relief at source – emailing APSS105 interim claim forms
- paying charges
- event reporting
Newsletter 142 – August 2022
This edition (opens in a new window) includes information on the following:
- relief at source - annual return of information - interim payments
- relief at source - APPS106 annual claims for tax year 2021 to 2022
- relief at source – emailing APSS105 interim claim forms
- normal minimum pension age
- accounting for tax returns
- new scams strategy from The Pensions Regulator
Newsletter 141 – July 2022
This edition (opens in a new window) includes information on the following:
- legislation day 2022
- relief at source ― annual return of information for the tax year 2021 to 2022
- managing pension schemes service
- accounting for tax returns
- pension flexibility statistics
- qualifying recognised overseas pension schemes transfer statistics
Newsletter 140 – June 2022
This edition (opens in a new window) includes information on the following:
- pension scheme arrears and interest (covering equalisation for GMP)
- managing pension schemes service - client reference
- managing pension schemes service - migrating your pension schemes
- managing pension schemes service - migrating your retirement annuity contracts and deferred annuity contracts
- managing pension schemes service - event reporting
- accounting for tax returns
- The Pension Regulator's blog on pension scams
- scheme pays reporting clarification
Newsletter 139 – May 2022
This edition (opens in a new window) includes information on the following:
- relief at source - Annual return of information for 2021 to 2022
- digitisation of relief at source
- managing pension schemes service - migrating your pension schemes
- managing pension schemes service - migrating your retirement annuity contracts and deferred annuity contracts
- managing pension schemes service - how you can help us
- accounting for tax returns
Newsletter 138 – April 2022
This edition (opens in a new window) includes information on the following:
- relief at source
- annual allowance calculator
- scheme pays reporting
- non-taxable payments following a member’s death and real time information reporting — charity lump sum death
- benefits
- pension scheme migration
- accounting for tax returns
- registration statistics
- pension flexibility statistics
Newsletter 137 – February 2022
This edition (opens in a new window) includes information on the following:
- public service scheme members with fixed or enhanced protection
- loss of lifetime allowance protection
- relief at source - notification of residency status report for 2022 to 2023
- relief at source - if you do not receive a notification of residency status report
- digitisation of relief at source
- scheme pays reporting
- managing pension schemes service - pension scheme migration
- managing pension schemes service - filing accounting for tax returns
- managing pension schemes service - bulk reporting for accounting for tax returns
- managing pension schemes service - filing accounting for tax returns using third party software
- managing pension schemes service - pension scheme practitioners
- managing pension schemes service - payments relating accounting for tax returns
- managing pension schemes service - schemes without a pension scheme tax reference (PSTR)
Newsletter 136 – January 2022
This edition (opens in a new window) includes information on the following:
- relief at source - notification of residency status report for 2022 to 2023
- relief at source - if you do not receive a notification of residency status report
- normal minimum pension age - unqualified right
- normal minimum pension age - joining a 2028 protected scheme
- normal minimum pension age - block and individual transfers
- normal minimum pension age - transitional arrangements
- normal minimum pension age - information regulations
- extension to some of the temporary changes to relief at source processes
- maintaining qualifying recognised overseas pension schemes (QROPS) status
- pension flexibility statistics
- managing pension schemes service - pension scheme migration
- managing pension schemes service - bulk reporting for accounting for tax (AFT) returns
- managing pension schemes service - financial information
- managing pension schemes service - viewing your list of pension schemes to migrate
- managing pension schemes service - preparing to migrate pension schemes
- managing pension schemes service - filing accounting for tax (AFT) returns
- managing pension schemes service - filing accounting for tax (AFT) returns using third party software
- managing pension schemes service - pension scheme practitioners
- managing pension schemes service - how can you help us
- scheme pays reporting
Newsletter 135 – November 2021
This edition (opens in a new window) includes information on the following:
- relief at source ― notification of residency status report for 2022 to 2023
- relief at source ― receiving your notification of residency status report
- relief at source ― if you do not receive a notification of residency status report
- pension scheme migration ― viewing your list of pension schemes
- pension scheme migration ― scheme administrator IDs that are no longer in use
- accessing your business tax account
- annual allowance charge ― members declaring their annual allowance charge on their Self Assessment tax return
- accounting for tax return
Newsletter 134 – October 2021
This edition (opens in a new window) includes information on the following:
- Autumn Budget 2021
- extension to some of the temporary changes to pension processes as a result of coronavirus (COVID-19)
- relief at source declaration
- pension scheme migration
- accessing your business tax account
- pension flexibility statistics
- registration statistics
Newsletter 133 – September 2021
This edition (opens in a new window) includes information on the following:
- Relief at source - Annual return of information and notification of residency status reports
- Pension scheme migration
- Reporting multiple small pot payments using Real Time Information
- Update to the HMRC Pensions Tax Manual
Newsletter 132 – August 2021
This edition (opens in a new window) includes information on the following:
- Relief at source - Annual return of information - interim repayments
- Relief at source - APSS106 annual claims for tax year 2020 to 2021
- Relief at source - Reporting excess relief
- Annual allowance - Pension savings statements for tax year 2020 to 2021
- Pension scheme migration - Viewing pension schemes
- Pension scheme migration - Schemes without Pension Scheme Tax References
- Pension scheme migration - Wound up pension schemes
- Pension scheme migration - Multiple IDs
Managing pension schemes service newsletter – August 2021
This edition (opens in a new window) includes information on the following:
- Declaring as pension scheme administrator for a retirement annuity contract and deferred annuity contract
- Submitting an Event Report
- Migration
- Accounting for Tax (AFT) return
- How you can help us
- Signing into online services
- Updating your details
Newsletter 131 – July 2021
This edition (opens in a new window) includes information on the following:
- Relief at source - annual return of information for the 2020/2021 tax year
- Relief at source and National Insurance applications
- Managing Pension Schemes Service
- Retirement annuity contracts and deferred annuity contracts
- Amending an Accounting for Tax return
- User research - Managing Pension Scheme Service
- Annual Allowance - pension savings statements for the 2020/2021 tax year
- Annual Allowance - declaring the annual allowance charge on the Self-Assessment tax return
- Non-taxable payments following a member's death and Real Time Information (RTI) reporting
- Pension flexibility statistics
- Qualifying recognised overseas pension schemes transfer statistics
Newsletter 130 – June 2021
This edition (opens in a new window) includes information on the following:
- Extension to some of the temporary changes to pension processes
- Managing the Pension Schemes service
- Signing in to online services
- Self-invested personal pensions (SIPP) and small self-administered scheme (SSAS) pensions – connected tenants
Newsletter 129 – April 2021
This edition (opens in a new window) includes information on the following:
- Pension flexibility statistics
- Registration statistics
- Relief at source
- Pension scheme returns
- Winding up pension schemes
- Enrolling on the Managing Pension Schemes service
- Signing in to online services
- Annual allowance calculator
- Non-taxable payments following a member's death and Real Time information (RTI) reporting
Managing Pension Schemes service newsletter – March 2021
This edition (opens in a new window) includes information on the following:
- Pension Scheme practitioners
- Existing practitioner authorisations
- Accessing a locked Accounting for Tax return
- Migration
- Updating your address
- How you can help us
- Signing in to online services
- Pension scheme accounting
Newsletter 128 – March 2021
This edition (opens in a new window) includes information on the following:
- Spring Budget 2021
- Extension to the temporary changes to pension processes as a result of coronavirus
- Managing Pension Schemes – practitioners
- Relief at source
- Increasing the normal minimum pension age – consultation on implementation
- Public service pension schemes – changes to the transitional arrangements to the 2015 schemes
Newsletter 127 – February 2021
This edition (opens in a new window) includes information on the following:
- Managing pension schemes – practitioners
- Relief at source
- Gibraltar qualifying recognised overseas pension schemes (QROPS)
- Pension flexibility statistics
Newsletter 126 – December 2020
This edition (opens in a new window) includes information on the following:
- managing pension schemes - multiple scheme administrator IDs and user research
- relief at source - notification of residency status report for 2021 to 2022
- relief as source - receiving your notification of residency status report
- relief at source - if you do not receive a notification of residency status report
- relief at source - update to APSS106 updates
- pension scheme returns for 2019 to 2020
- signing into online services
- in-specie contributions
- annual allowance charge - members declaring their annual allowance charge on their self-assessment tax return
Newsletter 125 – October 2020
This edition (opens in a new window) includes information on the following:
- Temporary changes to pension processes as a result of coronavirus (COVID-19)
- Managing Pension Schemes service
- Relief at source declaration – APSS590
- Pension flexibility statistics
- Signing in to online services
- Registration statistics
Newsletter 124 – September 2020
This edition (opens in a new window) includes information on the following:
- Re-employment in response to the coronavirus outbreak
- Relief at source and suspension of the process for applying for a National Insurance
- Annual return of information – notification of residency status reports
- Call for evidence: Pensions Tax Relief Administration
- Managing Pension Schemes service
Newsletter 123 – August 2020
This edition (opens in a new window) includes information on the following:
- Relief at source – annual returns of information for 2019 to 2020
- Annual return of information – interim repayments
- Annual return of information – residency status reports
- Relief at source – APSS106 annual claims for 2019 to 2020
- Migration of pension schemes to the Managing pension schemes service
- Multiple scheme administrator IDs
- Pension Scheme Accounting
- Annual allowance – pensions savings statements for 2019 to 2020
Newsletter 122 – July 2020
This edition (opens in a new window) includes information on the following:
- Relief at source
- Collective money purchase benefits (CMPs)
- Managing Pension Schemes service – accounting for tax return
- Guaranteed Minimum Pension (GMP) Equalisation newsletter – July 2020
- Pension flexibility statistics
- Annual allowance
- Qualifying Recognised Overseas Pension Schemes (QROPS) transfer statistics
Newsletter 121 – June 2020
This edition (opens in a new window) includes information on the following:
- Temporary changes to pension processes as a result of coronavirus (COVID-19)
- Managing pension schemes service
- Real time information - cessation of earlier year updates and use of full payment submissions
Newsletter 120 – May 2020
This edition (opens in a new window) includes information on the following:
- Temporary changes to pension processes as a result of coronavirus (COVID-19)
- Relief at source
- Submitting the APSS107 – Registered pension schemes annual statistical return without a signature
- Contacting HMRC’s Pension Schemes Services
Newsletter 119 – April 2020
This edition (opens in a new window) includes information on the following:
- Temporary changes to pension processes as a result of coronavirus (COVID-19)
- Re-employment in response to the coronavirus (COVID-19) outbreak
- Pension scheme returns for 2019 to 2020
- Benefits crystallisation event 1 and valuing sums and assets held within a registered pension scheme
- Other pension scheme valuations
- Pension flexibility statistics
- Registration statistics
- Annual allowance calculator
- Managing pension schemes service – timeline update
- Unauthorised payments – operating the mandating procedure
- Gibraltar and the overseas transfer charge
Newsletter 118 – March 2020
This edition (opens in a new window) includes information on the following:
- Spring Budget 2020
- Temporary changes to pension processes as a result of coronavirus (COVID-19)
- Annual allowance calculator
- Relief at source
- The Managing Pension Schemes service
- GOV.UK updates
- Pension scheme administration - moving pension recipients from one payroll to another
- The Pension Schemes Online service
Newsletter 117 – February 2020
This edition (opens in a new window) includes information on the following:
- Relief at source
- guidance from The Pensions Regulator on pension scams
Guaranteed minimum pension (GMP) equalisation newsletter - February 2020
This edition (opens in a new window) includes information on the following:
- Annual allowance
- Lifetime allowance protections
- Lifetime allowance and benefit crystallisation event calculations
- Paying the lifetime allowance charge
Newsletter 116 – January 2020
This edition (opens in a new window) includes information on the following:
- Pension flexibility statistics
- Pension schemes online service
- Managing pension schemes service
- Relief at source - notification of residency status report for 2020 to 2021
- Trust registration service
- Change to the scheduled publication of the recognised overseas pension scheme notification list
Newsletter 115 – November 2019
This edition (opens in a new window) includes information on the following:
- Lifetime allowance and the 2019 to 2020 event report
- Managing Pension Schemes service - giving access to Government Gateway administrators and assistants
- Managing Pension Schemes service – pension practitioner IDs
- Relief at Source - notification of residency status report for 2020 to 2021
- Annual allowance – members declaring their annual allowance charge on their Self Assessment tax return
Newsletter 114 – October 2019
This edition (opens in a new window) includes information on the following:
- Registration statistics
- Pension flexibility statistics
- Pension scheme administration
- Relief at source
- Guaranteed Minimum Pension Equalisation
- Annual allowance - GOV.UK guidance on ‘scheme pays’
Newsletter 113 - August 2019
This edition (opens in a new window) includes information on the following:
- Relief at source annual returns of information
- Relief at source - APSS106 annual claims
- Annual allowance – pension savings statements
Newsletter 112 – July 2019
This edition (opens in a new window) includes information on the following:
- Relief at source
- Pension flexibility statistics
- Annual allowance
- The Pensions Regulator’s consultation on the future of pension trusteeship and governance
- Qualifying Recognised Overseas Pension Schemes transfer statistics
Newsletter 111 – June 2019
This edition (opens in a new window) includes information on the following:
- Relief at source
- Master Trusts supervision
- Managing Pension Schemes service
- Guaranteed Minimum Pension equalisation - HMRC working group
- Telling HMRC about pension tax charges on the SA100 tax return
- Appendix 1 - guidance on receiving your Notification of Residency Status Report
Newsletter 110 – May 2019
This edition (opens in a new window) includes information on the following:
- Relief at source
- Consultation on the transposition of the Fifth Money Laundering Directive
- Managing Pension Schemes service – user research
Newsletter 109 – April 2019
This edition (opens in a new window) includes information on the following:
- Pension flexibility statistics
- Registration statistics
- Managing Pension Schemes service
- Relief at source for Scottish taxpayers
- Pension scheme returns
- Overseas transfer charge - regulations
- Master Trusts authorisation of existing schemes
- Updates to the ROPS notifications list
Newsletter 108 – March 2019
This edition (opens in a new window) includes information on the following:
- Relief at source
- Guaranteed Minimum Pension (GMP)
- Master Trust update and an introduction to supervision
- Managing Pension Schemes service
- Reporting on Pension Schemes Online service
- Annual allowance calculator
Newsletter 107 – February 2019
This edition (opens in a new window) includes information on the following:
- Relief at source
- Master Trusts - The closing date for applications for authorisation is 31 March 2019
- Reporting non-taxable death benefits
- Managing Pension Schemes – registering as a scheme administrator
Newsletter 106 – January 2019
This edition (opens in a new window) includes information on the following:
- Pension flexibility statistics
- Lifetime allowance for 2019 to 2020
- Reporting non-taxable death benefits
- Changes to HMRC email addresses
- Guaranteed Minimum Pension (GMP)
- Relief at source – January 2019 notification of residency status reports
- Relief at source – annual return of information declaration
- Change of name for the Manage and Register Pension Schemes service
- Master Trusts
Relief at source pension schemes newsletter – January 2019
This edition (opens in a new window) includes information on the following:
- Scottish Budget
- Relief at source for Welsh taxpayers
- Notification of residency status report for 2019 to 2020
- Excess relief
Manage and Register Pension Schemes service newsletter – December 2018
This edition (opens in a new window) includes information on the following:
- Additional feature from 11 December 2018
- Features added on 13 November 2018
- Features we’ll add in March 2019
- Reporting for schemes registered on the Manage and Register Pension Schemes service
- User research
- Registering as a scheme administrator for pension schemes registered before 4 June 2018
- Further help and information
Relief at source pension schemes newsletter - December 2018
This edition (opens in a new window) includes information on the following:
- Notification of residency status report for 2019 to 2020
- Annual return of information for 2018 to 2019
- Scottish Budget
Newsletter 105 – November 2018
This edition (opens in a new window) includes information on the following:
- Double Taxation – bulk requests for certificates of residence
- Relief at Source Newsletter
- Overseas transfer charge - draft regulations
- Manage and Register Pension Schemes service - newsletter
- Reporting of non-taxable death benefits
- Joint article from HMRC and The Pensions Regulator
Newsletter 104 – October 2018
This edition (opens in a new window) includes information on the following:
- Autumn Budget 2018
- Pension flexibility statistics
- Registration statistics
- Manage and Register Pension Schemes service
- Reporting of non-taxable death benefits
- Relief at source
- Non-statutory clearances
- Applications to register a pension scheme
- Transfers between registered pension schemes
- Reporting overseas transfer charges
- Master Trusts
- Operating PAYE on pension payments
Newsletter 103 – September 2018
This edition (opens in a new window) includes information on the following:
- Updating your scheme administrator details
- Operating PAYE on pension payments
- Master Trusts
- Reporting of non-taxable death benefits
- Relief at source
- Annual allowance - pension savings statements for tax year 2017 to 2018
- Trust Registration Service
Relief at source pension schemes newsletter - September 2018
This edition (opens in a new window) includes information on the following:
- Annual return of information
- Notification of residency status report for 2019 to 2020
- Members without a valid National Insurance (NI) number
- Amendments to the APSS105 and APSS106
Newsletter 102 – August 2018
This edition (opens in a new window) includes information on the following:
- the Manage and Register Pension Schemes service
- relief at source
- Master Trusts
- reporting of non-taxable death benefits
- applications to register a pension scheme
Newsletter 101 – July 2018
This edition (opens in a new window) includes information on the following:
- Master Trusts
- Registering a pension scheme - time limits
- Taxation of flexi access payments
- Annual allowance
- Relief at source
- Pension flexibility
- Qualifying recognised overseas pension schemes (QROPS) transfer statistics
- Manage and Register Pension Schemes service - completing enrolment information
Newsletter 100 – June 2018
This edition (opens in a new window) includes information on the following:
- Manage and Register Pension Schemes service
- Registering as a scheme administrator and applying to register a pension scheme
- Transfers between registered pension schemes
- Annual allowance calculator
- Relief at source
- Recognised overseas pension schemes (ROPS) notifications list
- Taxation of flexi access payments
- Reporting multiple small pots payments
Manage and Register Pension Schemes service newsletter - June 2018
This edition (opens in a new window) includes information on the following:
- Launch of the Manage and Register Pension Schemes service
- Additional features from 11 June 2018
- Existing scheme administrators
- Using the service if you’re a non-trading company or a public sector organisation
- Phase One - second release
- Work on Phase Two
- User research on the Manage and Register Pension Schemes service
- Further help and information
Newsletter 99 – May 2018
This edition (opens in a new window) includes information on the following:
- Pension Schemes Online service
- APSS262 form
- Event report – reportable events 22 and 23
- Genuine errors
- Relief at source for Scottish Income Tax
- Look up residency status for relief at source
Newsletter 98 – May 2018
This edition (opens in a new window) includes information on the following:
- Manage and Register Pension Schemes service
- Pension flexibility statistics
- Registration statistics
- Annual allowance calculator
- Lifetime allowance additional member functionality
- Relief at source for Scottish Income Tax
- Pension flexibility payments and Scottish Income Tax
- Trust Registration Service
- Reporting of non-taxable death benefits
Pension schemes Manage and Register Pension Schemes service newsletter - April 2018
This edition (opens in a new window) includes information on the following:
- Introduction
- Phase One first release
- Retirement annuity contracts (RACs) and deferred annuity contracts (DACs)
- Authorising a practitioner from 8 May 2018
- Phase One further release(s)
- Phase Two
- Next steps
- Further help and information
Newsletter 97 – March 2018
This edition (opens in a new window) includes information on the following:
- Relief at source for Scottish Income Tax
- Relief at source – excess relief
- Form APSS262 – reporting overseas transfers
- New pensions online service newsletter
- Finance Act 2018
- Annual allowance
- Outstanding accounting for tax (AFT) charges
Newsletter 96 – February 2018
This edition (opens in a new window) includes information on the following:
- Pension flexibility statistics
- Relief at source for Scottish Income Tax
- Updates to form APSS146E
- New pensions online service
- Information powers and Schedule 36 of the Finance Act 2008
- Reporting of non-taxable death benefits
- Changes to postal address
- Feedback on pension schemes newsletters
Pension schemes relief at source for Scottish Income Tax newsletter - February 2018
This edition (opens in a new window) includes information on the following:
- Scottish Budget 2017 - pension tax relief
- Completing your annual return of individual information for 2017 to 2018
- Notification of residency status report - January 2018
- Look up residency status for relief at source
- Updates to GOV.UK guides and the RPSCOM100(Z) spreadsheet
- Relief at source regulations
- Appendix 1 - messages for your members
- Appendix 2 - messages for payroll providers
- Appendix 3 - structured data for the annual return of individual information for 2017 to 2018
Newsletter 95 – January 2018
This edition (opens in a new window) includes information on the following:
- Pension flexibility statistics
- Relief at source for Scottish Income Tax
- Updates to form APSS146E
- New pensions online service
- Information powers and Schedule 36 of the Finance Act 2008
- Reporting of non-taxable death benefits
- Changes to postal address
- Feedback on pension schemes newsletters
Previous editions
Previous editions
Newsletter 94 – December 2017
This includes information on the following:
- Relief at source for Scottish Income Tax
- Annual allowance
- Reporting multiple small pots payments through Real Time Information (RTI)
- Simplifying pension language
- New pensions online service - updating your scheme administrator details
Newsletter 93 – November 2017
This includes information on the following:
- Autumn Budget 2017Reporting of non-taxable death benefits
- Relief at source for Scottish Income Tax
- New Pensions Online Service
- Pension payments to trustees in bankruptcy or third parties
- Lifetime allowance service
- Annual allowance
Newsletter 92 – October 2017
This includes information on the following:
- Pension flexibility statistics
- Registration statistics
- Relief at source for Scottish Income Tax
- Drawdown pension tables
- New pensions online service
- Paying tax to HMRC
- Lifetime allowance service
Newsletter 91 – September 2017
This includes information on the following:
- Relief at source for Scottish Income Tax
- New pensions online service
- Lifetime allowance scheme administrator look-up service
- Reporting the overseas transfers charge on the Accounting for Tax Return (AFT)
- Annual allowance
- Pensions tax registration
Newsletter 90 – August 2017
This includes information on the following:
- Annual allowance
- Relief at source for Scottish Income Tax
- Qualifying recognised overseas pension schemes
- Event report – save and submit
- Lifetime allowance look up service for PSAs
- New pensions online service
- Appendix 1 - SDES enrolment information and contact details for the support team
- Appendix 2 - SDES onboarding guidance for PSAs
Newsletter 89 – July 2017
This includes information on the following:
- Pension flexibility statistics
- Relief at source for Scottish Income Tax
- Annual return of individual information
- Qualifying recognised overseas pension schemes (QROPS) transfer statistics
- Lifetime allowance look up service for pension scheme administrators
- Reporting of non-taxable death benefits
- New Pensions Online service
- Appendix 1 - SDES enrolment information and contact details for the support team
Newsletter 88 - June 2017
This includes information on the following:
- Contacting Pension Schemes Services
- Relief at source for Scottish Income Tax
- Annual return of individual information
- Pension scheme transfers
- APSS262 reporting transfers to qualifying recognised overseas pension schemes
- Lifetime allowance
- Appendix 1 - SDES enrolment information and contact details for the support team
- Appendix 2 - HMRC Secure Data Exchange Services technical specification
Newsletter 87 – May 2017
This includes information on the following:
- Pension advice allowance
- Relief at source
- Scottish rate of Income Tax
- The pension scheme return and the SA970 tax return for trustees of registered pension schemes
- Changes to the scheduled publication of the Recognised Overseas Pension schemes (ROPS) notification list
Pension schemes Scottish rate of Income Tax newsletter – May 2017
This includes information on the following:
- Introduction
- Using the Secure Data Exchange Service
- Advisory reports
- Notification of individual scheme members’ residency tax status - January 2018
- Residency tax status look up service
- Further help and information
- Appendix A - Guidance on Migrating from SET to SDES
- Disclaimer and Further Questions
Newsletter 86 - April 2017
This includes information on the following:
- In specie contributions to registered pension schemes
- Registration statistics
- Relief at source
- Lump sum death benefits – information requirements
- Pension flexibility statistics
- Lifetime allowance
- Contacting Pension Schemes Services
- Qualifying recognised overseas pension schemes (QROPS)
- Scottish rate of Income Tax
- Annual allowance scheme pays
Newsletter 85 - March 2017
This includes information on the following:
- Spring Budget 2017
- Qualifying recognised overseas pension schemes (QROPS)
- Pension flexibility - reporting of non-taxable death benefits through Real Time Information (RTI)
- Relief at Source
- Scottish rate of Income Tax
- Lifetime Allowance
- Pension scheme registrations
- Appendix 1 - Overseas transfer charge, pension scheme members
- Appendix 2 - Overseas transfer charge, overseas scheme managers
Newsletter 84 - February 2017
This includes information on the following:
- Pension flexibility statistics
- Lump sum death benefits - information requirements
- Annual allowance calculator update
- Qualifying recognised overseas pension schemes (QROPS) online
- Drawdown pension tables
- Relief at source
- Lifetime allowance
Newsletter 83 - December 2016
This includes information on the following:
- Autumn Statement 2016
- Lifetime allowance
- Unauthorised borrowing
- Serious ill-health lump sums - reporting through Real Time Information (RTI)
- Relief at source - annual returns of individual information for 2015 to 2016
- Overseas pension schemes
- Scottish rate of Income Tax (SRIT) and relief at source
Newsletter 82 - November 2016
This includes information on the following:
- Bridging pensions
- Registration statistics
- Sale of lifetime annuities
- Pension flexibility statistics
- Relief at source
- Overseas pension schemes - GOV.UK content
- Lifetime allowance
- Annual allowance
Newsletter 81 - September 2016
This includes information on the following:
- Tax treatment of serious ill health lump sums
- Event Report
- Relief at source annual returns of individual information for 2015 to 2016
- Secondary annuities
- Lifetime allowance
- Annual allowance calculator
- Pension flexibility and pension scams
Newsletter 80 - July 2016
This includes information on the following:
- Pension flexibility statistics
- Lifetime allowance
- Relief at source - annual returns of individual information for 2015 to 2016
Newsletter 79 - June 2016
This includes information on the following:
- Pension flexibility
- Annual allowance
- Change of scheme details
- Lifetime allowance
- Pension Schemes Services contact phone number
- Pension scheme transfers
- Finance Bill 2016 – Royal Assent expected later than usual
- Relief at source – information notices
Newsletter 78 - May 2016
This includes information on the following:
- Pension flexibility statistics
- Secondary annuities - tax framework
- Double taxation – certificate of residence requests
- Tapered annual allowance
- Registration statistics
- Lifetime allowance
- Contacting Pension Schemes Services
- Payment date of uncrystallised funds pension lump sums (UFPLS)
- Pension flexibility - reporting of non-taxable death benefits through RTI
- Serious ill-health lump sums
- Appendix 1 - FP2016 interim application process
- Appendix 2 – IP2016 interim application process
Newsletter 77 - March 2016
This includes information on the following:
- Budget 2016
- Lifetime allowance reduction
- Pension flexibility
- Secondary annuities market
- Annual allowance
- Relief at source - APSS105 and APSS106 forms
- Appendix 1 – Fixed Protection 2016 (FP2016) information for scheme members
- Appendix 2 – Individual Protection 2016 (IP2016) information for scheme members
- Appendix 3 - FP2016 interim application process
- Appendix 4 – IP2016 interim application process
- Appendix 5 - Tapered annual allowance and alignment of pension input periods: member messages
Newsletter 76 - February 2016
This includes information on the following:
- Relief at Source - annual returns of individual information
- Lifetime allowance reduction
- Pension flexibility – reclaiming over paid tax on death benefits
- Appendix 1 – FP2016 interim process application
- Appendix 2 – IP2016 interim process application
Newsletter 75 - January 2016
This includes information on the following:
- Inheritance tax treatment of pension scheme drawdown funds on death
- Pension flexibility
- Scottish rate of Income Tax
- Relief at source – annual returns of individual information
- Lifetime allowance reduction
- Annual allowance
Newsletter 74 - December 2015
This includes information on the following:
- Autumn Statement 2015
- Relief at source – annual returns of individual information for 2014 to
- 2015
- Lifetime allowance reduction
- Double Taxation/Certificate of Residence requests
- Pension flexibility
- Form APSS146 and reclaiming tax deducted from investment income
- Publication of the Pensions Tax Manual on GOV.UK
- Annual allowance reporting regulations
Newsletter 73 - October 2015
This includes information on the following:
- Scottish rate of Income Tax (SRIT)
- Annual allowance
- Registration statistics
- Pension Flexibility
- Lifetime allowance reduction – protecting pension savings
Newsletter 72 - September 2015
This includes information on the following:
- Relief at source - annual returns of individual information for 2014 to 2015
- Relief at source - Scottish Rate of Income Tax
- Reminders for pension scheme returns, penalty reminders and payment reminders
- 2014 to 2015 annual allowance messages
- Lifetime allowance reduction and transitional protection
- Removal of form APSS161
- Finalised regulations
- Qualifying Recognised Overseas Pension Schemes
- Pension flexibility
Newsletter 71 - August 2015
This includes information on the following:
- Qualifying recognised overseas pension schemes (QROPS) stakeholder
- forum
- ROPS notification list
- Annual allowance
- Relief at source - annual returns of individual information for tax year 2014 to 2015
- Pension flexibility statistics
- Lifetime allowance
- Pension scheme registration certificates
- Pension liberation message
Newsletter 70 - July 2015
This includes information on the following:
- Summer Budget 2015
- Changes to contracting out records
- Certificates of residence
- Pension flexibility - forms for claiming repayment of tax
- Contacting Pension Schemes Services (PSS)
- Routine changes to Pension Schemes Online
Newsletter 69 - June 2015
This includes information on the following:
- Relief at source - annual returns of individual information for 2014 to 2015
- Registration figures 2014 to 2015
- Pension flexibility
- Certificate of residence
- Recognised Overseas Pension Schemes
- Pension Schemes Online - guidance
Newsletter 68 - April 2015
This includes information on the following:
- Tax vouchers submitted with R63N claims
- Guidance update
- Pension liberation
- Relief at source
- Certificates of residence
- Pension flexibility – tax on payments to scheme members
- Pension flexibility – scheme administrators
Newsletter 67 - February 2015
This includes information on the following:
- Pension flexibility
- Payments
- PAYE and reporting
- Issuing a P45
- Tax-free payments
- Pension flexibility guidance
- Draft Finance Bill legislation
Newsletter 66 - December 2014
This includes information on the following:
- Taxation of Pensions Bill
- Pension statements and the annual allowance
- Pensions Flexibility
- Relief at source: RPSCOM100(Z) and annual returns of individual information
- The draft Annual Allowance Order
- Delay to the QROPS re-notification process
Newsletter 65 - September 2014
This includes information on the following:
- October submission of RPSCOM100(Z)
- Transition of Pension Scheme Services (PSS) web content to GOV.UK
- Fit and proper person rules for pension scheme administrators
- Individual Protection 2014 (IP2014)
- Pension Statements and the annual allowance
- PSS helpline automated service
Newsletter 64 - August 2014
This includes information on the following:
- Pensions Flexibility
- Individual Protection 2014 (IP2014)
- Certificates of residence for registered pension schemes
- Pension Scams
- HMRC Scheme Reconciliation Service
- Annual tax summaries
- Annual Allowance Charge (Amendment) Order
Newsletter 63 - July 2014
This includes information on the following:
- Pension Schemes Services (PSS) forms converting to iForms
- Individual Protection 2014 (IP2014)
- An update on Fixed Protection 2014 (FP2014)
- QROPS - form APSS262
- Registration figures
- Relief at source
- Contact us
Newsletter 62 - May 2014
This includes information on the following:
- Fixed Protection 2014 applications
- Arrears of annuities
- Pension Scheme Registration
- Registered Pension Schemes Manual updates
- Pension scheme transfers
- New email address for queries
Newsletter 61 - March 2014
This includes information on the following:
Finance Bill 2014
- Increased pension flexibility
- Individual protection 2014
- Pension liberation
Later Finance Bill
- Further flexibility
- Dependants' scheme pensions
- Tax relief on contributions after age 75
- Contact details
Newsletter 60 - February 2014
This includes information on the following:
- New Business Head for Pension Schemes Services
- changes to HMRC's 'contact us' internet page
- Fixed Protection 2014 and Individual Protection 2014
- pension liberation and registration and transfers processes
- Scottish rate of Income Tax
- QROPS scheme manager ID
Newsletter 59 - October 2013
This includes information on the following:
- fixed protection 2014 - Do it online
- annual allowance - self assessment returns and annual allowance checking tool
- new QROPS forms
Newsletter 58 - August 2013
This includes information on the following:
- fixed protection 2014 - Do it online
- fixed protection 2012 - applications by relieved members of relieved
- non-UK pension schemes
- individual Protection 2014
- legislation (relating to Finance Act 2013)
Newsletter 57 - May 2013
This includes information on the following:
- changes to the Annual Allowance and Lifetime Allowance
- pension Liberation
- trivial Commutation and similar payments
- improvements to Pensions Guidance
- Pension Scheme Registration
Newsletter 56 - January 2013
This includes information on the following:
- higher Rate Relief - personal pensions
- Autumn Statement and Draft Finance Bill 2013
- completing Event Reports (A reminder)
Newsletter 55 - October 2012
This includes information on the following:
- changes to Pensions Schemes website:
a) forms
b) QROPS list
c) what hasn't changed
- relief at Source (RAS) project update
- pensions early access / liberation
Newsletter 54 - June 2012
This includes information on the following:
- fixed protection
- automatic enrolment into a workplace pension scheme
- contracting-out forms - APSS155, APSS155A, APSS155B and APSS101
- Scottish income tax update
- Registered Pension Schemes Manual (RPSM)
- QROPS Frequently Asked Questions (FAQs)
- note to Independent Financial Advisers
Newsletter 53 - April 2012
This includes information on the following:
- a number of Budget announcements
- fixed protection elections - deadline 5 April 2012
- annual allowance guidance
- primary protection - statements of LTA used
- maximum income from a flexible or variable annuity
- short service refund lump sums and contracting out abolition
Newsletter 52 - March 2012
This includes information on the following:
- early release pension offers,
- protecting your pension savings - fixed protection election reminders
- fixed protection - benefit accrual - the relevant percentage
- lifetime Allowance Charge - BCE 3 and 'excepted circumstances' -
- Pension Increase Exchange (PIE) exercises
- appealing against a penalty for late/non submission - Registered
- Pension Scheme Return
- appealing against a penalty for late/non submission - SA970
- RAS project update
- introducing our new Customer Liaison Managers (CLMs)
- automatic enrolment into pensions 2012
Newsletter 51 - December 2011
This includes information on the following:
- filing notice for the Registered Pension Scheme Return, Event Report and Tax Returns for trustees of registered pension schemes
- contracting out
- non-registered schemes and Part 7A ITEPA 2003
- employer asset-backed pension contributions
- small pension pots
- overseas Pension Schemes - Transfers to QROPS
- drawdown pension tables
- amendments to the Registered Pension Schemes Manual (RPSM)
Newsletter 50 - November 2011
This newsletter is a Fixed Protection Special Edition and includes information on:
- application for fixed protection
- when a member with fixed protection takes their benefits
- benefit accrual and other money purchase arrangements
- benefit accrual (for fixed protection) and relevant benefit accrual (for
- enhanced protection) in relation to defined benefits arrangements
- benefit accrual is an ongoing test
- benefit accrual and an "earnings cap"
- the benefit accrual test for defined benefits is a test on prospective rights
- the "relevant percentage"
- the "relevant percentage" and scheme rule changes
- the "relevant percentage" and late retirement factors
- the benefit accrual test for defined benefits in a tax year during which the member takes their benefits
- when not all benefits are taken from an arrangement
- enhancements on taking benefits
- death benefits including death in service benefits
- new arrangements
- penalties for failure to notify loss of fixed protection
- what happens once fixed protection has been lost?
Newsletter 49 - September 2011
This includes information on the following:
- changes to the Pension Schemes website
- the Registered Pension Schemes Manual (RPSM) update
- trivial commutation
- drawdown pension tables - under 23's
- flexible drawdown - scheme administrator responsibilities
- an update on the Pension Schemes Anti Fraud Unit
Newsletter 48 - August 2011
This includes information on the following:
- Finance Act 2011 and supporting regulations
- guidance and enquires
- application for protection of your lifetime allowance - fixed protection
- reporting requirements for flexible drawdown payments
- the pension benefit reforms and changes to accounting for tax
Newsletter 47 - June 2011
This includes information on the following:
- relief at source (RAS)
- draft regulations
- fixed protection
- the meaning of expected pension
- pension input periods (PIPs)
- employer asset-backed pension contributions
- the Equitable Life Payments Scheme (ELPS)
Newsletter 46 - April 2011
This includes information on the following:
- nomination of pension input periods (PIPs)
- payment of the annual allowance (AA) charge from pension benefits
- disguised remuneration
- employer asset-backed pension contributions
Newsletter 45 - February 2011
This includes information on the following:
- The Registered Pension Schemes Regulations
- The Scotland Bill
- normal minimum pension age
- changes to pension schemes online
Newsletter 44 - December 2010
This includes information on the following:
- Pension Scheme Inspections
- draft Finance Bill 2011
- pension transfers for people aged 50 to 55
- early access to pension savings
Newsletter 43 - December 2010
This includes details on changes to Pension Schemes Online.
Newsletter 42 - November 2010
This includes information on the following:
- the new Pension Industry Stakeholder forum
- Code of Practice 10 - reversion to normal time limits for enquires
- restriction of pensions tax relief
- secondary legislation including The Registered Pension Schemes (Modification of the Rules of Existing Schemes) Regulations and The Taxation of Pension Schemes (Transitional Provisions) (Amendment) Order
Newsletter 41 - July 2010
This provides information on the following:
- the relief at source regulations are being reviewed and as part of the review, HMRC HQ are looking for volunteers to help with the process
- some frequently asked questions
Newsletter 40 - March 2010
This provides information on the following:
- a new process from 6 April 2010 to make it easier for you to obtain a deduction against the scheme sanction charge
- the process for raising the scheme sanction charge for the tax years 2006-07 to 2009-10 inclusive
- a selection of frequently asked questions.
Newsletter 39 - January 2010
This includes information on the following:
- security & first charges (for loans made by member directed pension schemes)
- compliance issues
- default scheme administrator (where no scheme administrator can be identified/traced
- registered pension scheme repayments - changes to the processes
- details of the consultation re implementing pensions tax relief restrictions from 6 April 2011
- confirmation of the changes to the anti-forestalling rules
- changes to tax rates.
Newsletter 38 - December 2009
This provides detail on how the change in normal minimum pension age from 50 to 55 on 6 April 2010 will affect pension schemes. In particular, it covers:
- pensions
- pension commencement lump sum
- what is the pension payment date?
- those who are aged 50 on 2 April 2010 to 5 April 2010 inclusive.
Newsletter 37 - May 2009
This includes information on the following:
- links to Budget 09 publications
- changes to the rules on new borrowing by pension schemes
- clarification of the rules surrounding charging orders on property used as security for loans by a pension scheme
- clarification of the rules surrounding re-negotiating leases
- an update of HMRC's position on employer contributions that include asset transfer
- explanation of the protection of low pension ages where crystallised benefits are transferred.
Newsletter 36 - January 2009
This is a special edition of the newsletter focusing on the transfers of UK tax-relieved funds to Australian qualifying recognised overseas pension schemes (QROPS). This includes information on the following:
- unauthorised payments charges
- self assessment by individuals
- reporting by QROPS
- further guidance.
Newsletter 35 - November 2008
This includes information on the following:
- pension schemes online
- filing deadlines
- registered Pension Scheme Return reminders
- tax return for the trustees of registered pension schemes
- the Pensions Regulator Scheme Return
- annual and lifetime allowances.
Newsletter 34 - July 2008
The includes information on the following:
- code of practice 10
- scheme sanction change/unauthorised payment
- registering a new death in service/group life assurance scheme.
Newsletter 33 - May 2008
The includes information on the following:
- registered Pension Schemes and the Disclosure Regime
- regulation making powers in Finance Bill 2008
- pension Scheme Return Notices
- online system error messages
- new Helpline number.
Newsletter 32 - December 2007
The includes information on the following:
- interim arrangements for changes announced in the pre-budget report 2007
- Regulations update
- correction to Newsletter 31
- e-filing for registered pension schemes - a reminder
- registered pension scheme return reminders
- ensuring that Event Reports are submitted
- SA970 Pension Scheme SA report
- the Pensions Regulator Scheme Return
- surplus avoidance device
- registered pension scheme manual updates.
Newsletter 31 - November 2007
The includes information on the following:
- pre-Budget Report
- review of the operation of the open market option
- correction to Newsletter 29 - alternatively secured pensions and
- untraceable members
- registering schemes
- reportable events
- tax return for the Trustees of registered pension schemes
- event report - question 15 (lump sums over 25%).
Newsletter 30 - October 2007
This includes information on the following:
- e-Mandation
- prescribed format for e-filing
- filing information online
- forms that will become obsolete and must be filed online from 16 October
- service availability and IT issues with Pension Schemes Online
- forthcoming filing deadlines
- customers who have difficulty accessing or using a computer
- notifying HMRC of scheme wind-up before 6 April 2006
- notifying HMRC of a scheme wind-up where there is no longer a Scheme Administrator
- prevention of duplicate scheme records.
Newsletter 29 - August 2007
This includes information on the following:
- a summary of the Finance Act 2007 which received Royal Assent on the 19 July 2007
- assignment of Annuities
- overpayments made in error
- codes of Practice 10: the application of the last four Finance Acts rule
- to enquiries about pension legislation in Finance Act 2004
- mandatory electronic filing of information with HMRC.
Newsletter 28 - July 2007
This includes information on the following:
- Australian pension schemes and tax changes from 1 July 2007 - transfers from registered pension schemes
- qualifying recognised overseas pension schemes list
- annual allowance test when a transfer is made from a registered pension scheme to a qualifying recognised overseas pension scheme
- guidance on reporting cash and non-cash benefits provided after retirement
- bridging pensions - transitional provisions
- responsibility for making a registered pension scheme return
- changes to contracting-out guidance and procedures
- Government Actuary's Department (GAD) tables
- e-mandation and e-filing
- how to find out if a notice to file a registered pension scheme return or audited accounts has been issued
- retention period for online forms partially completed and saved
- pension scheme self assessment tax return.
Newsletter 27 - April 2007
This special edition newsletter explains the new processes that came into force on 6 April 2007 for pension schemes on mandatory electronic filing. This includes information on the following:
- mandatory electronic filing of pension scheme information with HMRC
- how do Scheme Administrators and Practitioners provide information electronically?
- new forms and processes available
- frequently asked questions relating to new requirements introduced on 6 April 2007
- guidance for Scheme Administrators.
Newsletter 26 - March 2007
This includes information on the following:
- Budget 2007
- regulations update
- FSA regulation of SIPPS
- new establishment rules for personal pensions
- employers' contributions to registered pension schemes
- scheme administrator helpsheet
- forms update
- pension schemes online upgrade and the final date for submission of old style scheme registrations
- filing dates for SA970 (Pension Scheme SA Return)
- pensions industry working group minutes.
Newsletter 25 - February 2007
This includes information on the following:
- lifetime allowance test under BCE3 on scheme pensions which started before 6 April 2006
- notional earnings cap 2007-08 (£112,800)
- pension Scheme Self Assessment Tax Return 2006/2007
- withdrawal of Statement of Practice 13/91
- payment errors and mistakes guidance.
Newsletter 24 - January 2007
This includes information on the following:
- employers: the tax and National Insurance treatment of employer cash inducement payments to pension scheme members
- relief on contributions to a US pension scheme under the UK/USA
- double taxation treaty - procedural guidance note
- new processes for April 2007
- register a new pension scheme
- event report
- notices for pension scheme returns
- notices for audited accounts
- recent changes to the Registered Pension Schemes Manual.
Newsletter 23 - January 2007
This includes information on the following:
- the announcements made in the Pre-Budget Report 2006 including:
- alternatively secured pension
- pension term assurance
- change in the rules on residential property
- qualifying recognised overseas pension schemes
- deferred annuity contracts
- tracing a scheme pension scheme tax reference
- Registered Pension Schemes Manual.
Newsletter 22 - November 2006
This includes information on the following:
- use of P60 (substitute) for lifetime allowance
- age Discrimination - the Employment Equality (Age) Regulations 2006
- APSS 200 Forms
- pre A-Day forms
- small occupational schemes.
Newsletter 21 - October 2006
This includes information on the following:
- pre A-Day surpluses in annuity policies purchased from an occupational
- pension scheme - lump sum payments
- pre A-Day pension - classification under new tax rules
- what is meant by the term 'single transaction' for a block transfer
- employer-Financed Retirement Benefit Schemes - provision of non-cash benefits after 6 April 2006
- qualifying recognised overseas pension schemes
- employer contributions
- notifications for enhanced protection and enhanced lifetime allowance
- scheme wind-ups
- contracting-out booklets.
Newsletter 20 - October 2006
This includes information on the following:
- Introduction
- The Accounting for Tax (AFT) return and Online Filing
- winding-up lump sums and employer undertakings
Newsletter 19 - September 2006
This includes information on the following:
- interest paid with lump sums
- overpayments made in error
- winding-up lump sums and employer undertakings
- e-mandation
- pre A-Day PS forms
- accounting for tax reminder.
Newsletter No. 18 - August 2006
This includes information on the following:
- transfer of unvested funds
- definition of halls of residence
- trivial commutation
- change to the Scheme Registration Form for April 2007
- accounting for Tax Returns
- Registered Pension Schemes Manual.
Newsletter 17 - July 2006
This includes information on the following:
- registered Pension Scheme Practitioners
- payments to members aged under 55 when the normal minimum pension age changes in 2010
- permitted transfers and enhanced protection
- assignments and Section 172
- legislation and regulations
- pension schemes online
- accounting for tax - a reminder
- accounting for Tax Returns: accounting for lifetime allowance charge
- transfers to recognised overseas pension schemes.
Newsletter 16 - June 2006
This includes information on the following:
- things that the HMRC no longer need to be told about
- who HMRC can talk to about Registered Pension Schemes
- trivial commutation lump sums - taxation through PAYE system
- how to tell if a scheme has been registered
- new forms for overseas schemes
- draft forms - event report and Pension Scheme Return
- amend scheme details form APSS 152 - advice on completion
- legislation
- ASS and Joint Working Group Minutes
- pensions simplification - pipeline lump sum death benefits
- reporting Form 1SF - reminder
- newsletter 15
- Pensions Industry Working Group Minutes for 4 May meeting.
Newsletter 15 - June 2006
This includes information on the following:
- pension schemes online
- accounting for tax return.
Newsletter 14 - May 2006
This includes information on the following:
- pre A-Day 'surpluses' in annuity policies purchased from an
- occupational pension scheme
- guaranteeing a scheme pension post A-Day
- annual allowance - transfers in defined benefits arrangements
- enhanced protection - transfers from defined benefits or cash balance
- arrangements to other money purchase arrangements
- the valuation of London quoted shares for pension purposes
- authorised and unauthorised Practitioners
- submission of Pre-Registration and PS 252 forms
- adding a cessation of a Scheme Administrator
- amending scheme details (APSS 152)
- accounting for tax (AFT) Return
- Registered Pension Schemes Manual.
And in an addendum
- lump sums paid in connection with scheme pensions from money purchase arrangements.
Newsletter 13 - April 2006
This includes information on the following:
- impact of A-Day
- pension schemes online
- completion of Protection of Existing Rights form APSS200
- Non-standard relevant valuation factors
- Government Actuary's Department (GAD) - unsecured pension enquiries
- regulations revoked by Finance Act 2004
- Pensions Industry Working Group results from 3rd Survey
- changes to application process - Newsletter No.3.
Newsletter 12 - April 2006
This includes information on the following:
- pension schemes online goes live!
- acknowledgement of online scheme registration
- mandatory online filing.
Newsletter 11 - March 2006
This includes information on the following:
- earnings cap
- protection certificate reference numbers
- decimal points and protection
- update 157 - a reminder
- changes to the internet
- 1 (SF), 2 (SF) and 3 (SF)
- serious ill-health and DWP requirements
- overseas transfers and QROPS.
Newsletter 10 - February 2006
This includes information on the following:
- ten things to be aware of
- how to claim relief at source after A-Day
- interest on short service refunds
- block transfers
- overseas transfers.
Newsletter 9 - January 2006
This includes information on the following:
- countdown to A-Day
- pre A-Day application for approval
- cessation of scheme administrator
- trivial commutation
- schemes and other payers affected by the changes
- types of trivial commutation payments
- how PAYE will apply from 6 April 2006
- end of current reporting requirements for personal pension schemes
- in year tax repayment claim procedure
- extract from 'Employers further guide to PAYE and NICs'
- tax advice for recipients of trivial commutation payments.
Newsletter 8 - December 2005
This includes information on the following:
- technical points
- life assurance and enhanced protection
- lifetime allowance enhancement and protection
- pensions schemes online update
- what will be available online from April 2006
- pension scheme tax reference number
- latest news
- policy
- Pensions Industry Working Group
- relief at source
- update 158 - pre A-Day avoidance
- EFURBS
- frequently asked questions
- factsheets.
Newsletter 7 - November 2005
This includes information on the following:
- extra statutory concession A10
- Pensions Industry Working Group survey and results
- how HMRC will communicate via pension schemes online
- latest news
- Registered Pension Schemes Manual
- policy
- pension schemes online
- data cleansing
- preparing for A-Day workshop material.
Newsletter 6 - November 2005
This includes information on the following:
- pension schemes online - timing and content of releases
- postponement of mandatory online filing
- questions and answers.
Newsletter 5 - October 2005
This includes information on the following:
- where to find simplification information
- latest news
- Registered Pension Schemes Manual
- policy
- GAD Consultation Tables
- Pensions Industry Working Group minutes
- pensions Update 156
- draft forms
- preparing for A-Day workshop material
- technical.
Newsletter 4 - September 2005
This includes information on the following:
- retirement annuity contracts
- latest news
- Registered Pension Schemes Manual
- policy
- preparing for A-Day workshops
- pensions Industry Working Group Minutes
- draft forms
- data cleanse update
- technical points
- enhanced protection and contributions for life cover
- relief for employer contributions.
Newsletter 3 - August 2005
This includes information on the following:
- changes in application process
- simplification and international issues
- latest news Registered Pension Schemes Manual
- online service
- policy.
Newsletter 2 - July 2005
This includes information on the following:
- role of the Pensions Industry Working Group (PIWG)
- industry workshops
- single point of access for registration of pension schemes
- hot topics
- registrations
- update of data cleanse
- latest news
- Registered Pension Schemes Manual
- policy.
Newsletter 1 - June 2005
This includes information on the following:
- about pensions simplification what is Pensions Tax Simplification?
- when does it start?
- key features of the new system
- key benefits
- who will benefit?
- hot topics
- IT and data cleanse
- role of the administrator
- timeline to A-Day.
Any research and analysis has been provided by us for our own purposes and the results of it are being made available only incidentally.