HM Revenue and Customs
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Pension Schemes reminder for January

Pension Schemes reminder for January

HM REVENUE AND CUSTOMS News Release (SPEC 15/07) issued by The Government News Network on 12 December 2007

HM Revenue & Customs (HMRC) is reminding pension schemes that 2006/07 Pension Scheme Returns and Event Reports must be filed online by 31 January 2008.

So if you're a pension scheme administrator, or you're acting on behalf of one, and need to register for HMRC's Pension Schemes Online service, you must do so as soon as possible.

To register, visit HMRC's online registration page at https://online.hmrc.gov.uk/registration and select 'Pensions'. It can take up to seven working days to activate a new account - as some information has to be sent by post - so don't leave it too late.

January is a particularly busy month for HMRC online services, so make sure you are registered and file in good time.

A guide for using Pensions Schemes Online is available on the HMRC website at http://www.hmrc.gov.uk/pensionschemes/online-user-guide.pdf or you can contact the Online Services helpdesk on 0845 6 055 999.

Notes for editors

1. Since 16 October 2007, it has been mandatory to file the following reports electronically: Applications to register a pension scheme; Registered Pension Scheme Returns; Accounting for Tax Returns; Scheme Administrator's Declarations; Event Reports; Notifications of the winding-up of a registered pension scheme; and Notifications of a scheme administrator terminating their appointment.

2. Any paper versions submitted after 15 October 2007 will be returned to the sender and deemed as not received, which could result in a penalty if an online return is not subsequently filed, or filed late.

3. The 2006/07 Event Report has a filing deadline of 31 January 2008, as does the Pension Scheme Return for 2006/07 (if a notice to file one was issued on or before 31 October 2007).

4. The Accounting for Tax Return for Quarter 3 (1 October to 31 December 2007) has a filing deadline of 14 February 2008.

5. The Self Assessment Return for Pension Schemes (SA970) - which also has a 31 January filing deadline - is not covered by the new rules, and can only be filed on paper.

Issued by HM Revenue & Customs Press Office

Website http://www.hmrc.gov.uk

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