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PENSION TAX DUTIES

MANAGING A PENSION SCHEME IN THE HMRC.GOV PORTAL

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We recently received a letter from HMRC addressed to our previous company name for the attention of the pension scheme administrator. It appears when the company was originally setup, someone opted to have access to the additional service in the HMRC.gov portal for Pension SchemeĀ  Registration.

What is the purpose of this registration, is it something all companies should be using or just an online registration in error by some one who did not know.

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By paul.benny
10th Dec 2019 13:39

Independently constituted pension schemes* have to submit annual returns online to the pensions regulator. Is this what the correspondence refers to?

* Many smaller schemes are actually group plans where the employer arranges to have everyone join a plan with, say Aviva. An independent scheme has trustees.

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By Mount_Gay
10th Dec 2019 14:48

Many thanks for your response.

I believe this is the later of your comments. This has nothing to do with the Return required by The Pension Regulator.

Two companies merged and all employees on the smaller scheme we termed/p45 and auto entolled on to the bigger company scheme. They were given an approved option to transfer their funds from the old smaller scheme on to the bigger company scheme when this happened.
Need to check whether anyone did or not.

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