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Pensions Tax Simplification Newsletter 30
by Steve Rideout 15/10/2007
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Pensions Tax Simplification Newsletter 30 has been published to coincide with the introduction of mandatory e-filing for pension schemes from tomorrow, 16th October 2007, for the following information:
- an application to register a pension scheme
- a registered pension scheme return
- an accounting for tax return
- a Scheme Administrator’s declaration
- an event report
- notification of winding-up a registered pension scheme
- notification of termination of a Scheme Administrator’s appointment.
Whilst the deadline is almost on top of us, HMRC have been heralding its approach for several months now, see Aries articles here and here.
HMRC have not ignored the various postal strikes gripping the nation and will accept, as valid, forms posted before 16th October and received after that date if it was held up by the strike – they will be "keeping track of the length of delays".
The Newsletter also seeks to clarify who must act as the Scheme Administrator in relation to certain schemes undergoing winding-up by setting out s272 of FA04 and linking to RPSM 023.02.060.
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