HMRC’s January 2023 newsletter highlights a number of changes to the managing pension schemes service (MPS):
from April 2023, event reports for the 2023–24 tax year will need to be made via the MPS rather than the pension schemes online service - schemes will need to be migrated to MPS first of all;
in ‘summer 2023’, administrators and practitioners will be able to create, compile and view the event report in-year on the MPS - further guidance is expected from HMRC in due course; and
In 2024, HMRC will introduce functionality to enable the submission of pension scheme returns via the MPS, which is expected to apply for 2023/24 onwards.
HMRC’s January 2023 newsletter highlights a number of changes to the managing pension schemes service (MPS):
from April 2023, event reports for the 2023–24 tax year will need to be made via the MPS rather than the pension schemes online service - schemes will need to be migrated to MPS first of all;
in ‘summer 2023’, administrators and practitioners will be able to create, compile and view the event report in-year on the MPS - further guidance is expected from HMRC in due course; and
In 2024, HMRC will introduce functionality to enable the submission of pension scheme returns via the MPS, which is expected to apply for 2023/24 onwards.
