Accounting for Tax Return added onto the Managing Pension Schemes Service
01 April 2020
It has been confirmed by HMRC’s Policy Impacting and Change Team that an Accounting for Tax Return function has been added on to the Managing Pension Schemes service.
This will enable any pension schemes registered through the Managing Pension Schemes service to begin to compile their Accounting for Tax return for the quarter 1 April to 30 June 2020, through the service.
Scheme administrators will have the option to save and revisit the Accounting for Tax Return once the quarter has ended and be able to submit through this service. This option will be available from 1 July 2020.
The Managing Pension Schemes service newsletter – April 2020 - GOV.UK includes further information relating to this, and relevant Gov.UK guides have been updated, including:
The Pensions Tax Manual has also been updated accordingly.
Any schemes who are registered to use the Pension Schemes Online service will continue to submit their Accounting for Tax returns through the Pension Schemes Online service.
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