RPSM12301020 - Scheme Administrator Pages: Information requirements and administration: Information the scheme administrator is required to provide to HMRC: The Event Report: What is the Event Report?
[Reg. 3 The Registered Pension Schemes (Provision of Information) Regulations 2006 - SI 2006/567] [Reg. 4 The Registered Pension Schemes and Overseas Pension Schemes (Electronic Communication of Returns and Information) Regulations 2006 - SI 2006/570]
Where certain events occur in a tax year the scheme administrator is required to provide an event report giving details of those events. There are 21 ‘reportable events’ and pages RPSM12301030 to RPSM12301230 cover each event and the information that must be reported.
The scheme administrator is NOT required to provide an event report giving details of events relating to members who have never been relevant UK individuals whilst they were active members of the scheme.
When the event report must be submitted
The event report must be submitted to HMRC by 31 January following the end of the tax year to which the event report relates. So the event report for 2008/09 must be submitted by 31 January 2010.
Where a pension scheme is wound up, the event report must be submitted to HMRC 3 months from the date of completion of winding up if this date is earlier than 31 January.
How the event report must be submitted
The event report must be delivered electronically by Pension Schemes Online. If you are registered for Pension Schemes Online for Scheme Administrators, or Pension Schemes Online for Practitioners, you can submit this by 3rd party software, or you can use HMRC's free software.
The event report provided in HMRC's free software allows you to compile it throughout the year and save it. In addition, it is possible to share the content of the compiled but not submitted event report with others, providing they are authorised to view it. This means that several people can contribute to its content. However, only one person can submit it.
An event report which is compiled and saved but not submitted is not visible to HMRC. The event report must be submitted to meet the filing obligations. Compiling an event report does not meet the filing obligations.
Only one event report per tax year will be accepted. Any further event reports will be treated as amendments.
The 20 reportable events appear on screen within Pension Schemes Online as shown in the screenshots below. Each question has been highlighted to show which ‘reportable event’ it relates to.
event report page for reportable fund movements (‘reportable events’ 1 - 9, 15 & 17 - 18)
Event report page for events (‘reportable events’ 10 - 14 & 19 - 20)
| Glossary (RPSM20000000) |
