PSI23.1.5 - Penalties Procedures: Information Required Without Notice - Regulation 4 - SSAS AVR reminding procedure [Appendix 1]

(This archived guidance relates to HMRC discretionary practice before the 6th April 2006. For current guidance on Registered Pension Schemes see the Registered Pension Schemes Manual)

Even though we are under no legal obligation to do so, for customer service reasons we still issue reminders for AVRs. For all SSAS AVRs with an effective date of 1 January 1996 or later the reminding procedure is as follows:

• Set up a review on CORA using form PS 9019. This will generate the automatic issue of the first reminder, PS 7000(2/97), to the scheme practitioner 9 months after the effective date of the AVR. Following the issue of the form, the file will be automatically diary BF'd 6 weeks for the next stage.
• Unless a shorter BF period is required the file can then be marked "Rock" and sent to the repository.
• If the AVR has not been received by the end of the diary BF, manually issue form PS 7001(9/96) to the scheme administrator and diary BF the file to the due date plus 7 days. This form is available only on the PC network and is designated "ps7001#.doc".
• If the AVR has still not been received 7 days after the statutory deadline, issue form PS 7036 to the scheme administrator and diary BF the file 30 days. This form threatens withdrawal of approval if the AVR is not received within 30 days, says that penalties may be sought when the AVR is received and asks the administrator to give the reason for the late submission. It is necessary because we cannot seek penalties unless we know that the AVR actually exists.
• If the AVR has still not been received after 30 days, submit the file to your Section Manager to issue a final warning of withdrawal of approval, PS7003.
• If the AVR is received within 30 days, proceed for penalties as at PSI23.1.16 or 17.

[ PSIPart23Appendix1]