10 March 2025
HM Revenue and Customs (HMRC) has published newsletter 167 – March 2025
It brings updates on the following areas:
- Managing pension schemes service
- Qualifying Recognised Overseas Pension Schemes (QROPS)
- Lifetime allowance (LTA) abolition — lump sum reporting
- Relief at source
HMRC has provided an update on digitisation of relief at source
In pension schemes newsletter 154 it was reported that delivery of the digital relief at source service had been postponed.
To allow enough time to deliver an ambitious programme of government reform, the service will not implemented until April 2028 at the earliest. Further updates on the next stages of the project will be provided in future newsletters.
Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information.