Pension schemes newsletter 98
08 May 2018
HMRC’s latest pension scheme newsletter contains information about the launch of the Manage and Register Pension Scheme which has been delayed by a few weeks. The delay is because the full development and testing of the service is slightly behind schedule. The service will be available on 4 June 2018 and until then the current Pension Schemes Online service will now be available until 6 pm on Friday 1 June 2018.
Pension flexibility payments and Scottish Income Tax
Also in the newsletter, HMRC explains that the normal PAYE rules apply to these payments.
The newsletter is published by HMRC’s Pension Schemes Services to update stakeholders on the latest news for pension schemes. Topics also covered in this newsletter are:
- Pension flexibility statistics
- Registration statistics
- Annual allowance calculator
- Lifetime allowance additional member functionality
- Relief at the source for Scottish Income Tax
- Trust Registration Service
- Reporting of non-taxable death benefits
Pension Scheme Newsletter 98 - May 2018