RPSM03100530 - Technical Pages: Protecting pre 6/4/06 pension rights from tax charges: Notifying HMRC: After form submitted
What happens after the notification has been submitted to HMRC?
[Reg 13 The Registered Pension Schemes (Enhanced Lifetime Allowance) Regulations 2006 - SI 2006/131]
When a fully completed notification form is submitted HMRC will process the form and issue a certificate to the individual making the notification. HMRC will not process any forms that are incomplete.
The certificate will have a unique reference number and give details of any applicable enhanced lifetime allowance for the individual and any protected lump sum amount or percentage.
HMRC cannot give scheme administrators details of an individual’s protection unless the individual has authorised HMRC to do so. Individuals should use form APSS 203 to give scheme administrators authorisation to view their certificate.