From October pension schemes will have to file certain information electronically, as HM Revenue & Customs says it will reject any paper returns received after the deadline.
The latest pensions newsletter from HMRC outlines the new “processes which come into force on 6 April 2007 for pension schemes and provides information about mandatory electronic filing”. It says from 16 October 2007 it will be mandatory for scheme administrators, which could be either providers or trustees, to file certain information electronically, including: 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 ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes