The Registered Pension Schemes and Overseas Pension Schemes (Miscellaneous Amendments) Regulations, SI 2018/5, come into force on 30 January 2018 to introduce a requirement from 6 April 2018 for pension scheme administrators to notify HMRC when a scheme becomes, or ceases to be, a master trust sc
The Registered Pension Schemes and Overseas Pension Schemes (Miscellaneous Amendments) Regulations, SI 2018/5, come into force on 30 January 2018 to introduce a requirement from 6 April 2018 for pension scheme administrators to notify HMRC when a scheme becomes, or ceases to be, a master trust scheme. This will support new legislation in Finance Bill 2018 allowing HMRC to refuse to register unauthorised master trust schemes. The regulations also amend the information requirements to reflect the reduction in the money purchase annual allowance from £10,000 to £4,000, which took effect from 6 April 2017.
The Registered Pension Schemes and Overseas Pension Schemes (Miscellaneous Amendments) Regulations, SI 2018/5, come into force on 30 January 2018 to introduce a requirement from 6 April 2018 for pension scheme administrators to notify HMRC when a scheme becomes, or ceases to be, a master trust sc
The Registered Pension Schemes and Overseas Pension Schemes (Miscellaneous Amendments) Regulations, SI 2018/5, come into force on 30 January 2018 to introduce a requirement from 6 April 2018 for pension scheme administrators to notify HMRC when a scheme becomes, or ceases to be, a master trust scheme. This will support new legislation in Finance Bill 2018 allowing HMRC to refuse to register unauthorised master trust schemes. The regulations also amend the information requirements to reflect the reduction in the money purchase annual allowance from £10,000 to £4,000, which took effect from 6 April 2017.
