HMRC is to reduce the time allowed for pension scheme administrators to file claims and annual returns of individual information when reclaiming tax using the relief-at-source method, with effect from April 2018.
HMRC is to reduce the time allowed for pension scheme administrators to file claims and annual returns of individual information when reclaiming tax using the relief-at-source method, with effect from April 2018.
The draft Registered Pension Schemes (Relief at Source) (Amendment) Regulations 2018 will require pension scheme administrators to submit annual returns of individual information, and claim forms, by 5 July following the end of the year of assessment (rather than 5 October). They also introduce a 30-day time limit and interest charge in respect of interim excess relief claims. The change is to allow sufficient time for processing of the correct rate in relation to Scottish taxpayers. HMRC invites comments on the draft regulations by 31 December 2017. See http://bit.ly/2j6p8Fw.
HMRC is to reduce the time allowed for pension scheme administrators to file claims and annual returns of individual information when reclaiming tax using the relief-at-source method, with effect from April 2018.
HMRC is to reduce the time allowed for pension scheme administrators to file claims and annual returns of individual information when reclaiming tax using the relief-at-source method, with effect from April 2018.
The draft Registered Pension Schemes (Relief at Source) (Amendment) Regulations 2018 will require pension scheme administrators to submit annual returns of individual information, and claim forms, by 5 July following the end of the year of assessment (rather than 5 October). They also introduce a 30-day time limit and interest charge in respect of interim excess relief claims. The change is to allow sufficient time for processing of the correct rate in relation to Scottish taxpayers. HMRC invites comments on the draft regulations by 31 December 2017. See http://bit.ly/2j6p8Fw.
