RPSM12301200 - Scheme Administrator Pages: Information requirements and administration: Information the scheme administrator is required to provide to HMRC: The Event Report: Event number 18 - Scheme chargeable payment

[Reg. 3 The Registered Pension Schemes (Provision of Information) Regulations 2006 - SI 2006/567 as amended by SI 2006/1961 and The Registered Pension Schemes (Provision of Information)(Amendment) Regulations 2008 - SI 2008/720] 

Reportable event - for Event Reports 2008/09 onwards

Reportable event 18 occurs where the registered pension scheme is treated as having made a scheme chargeable payment under

• section 181A FA 2004 (minimum level of payment of alternatively secured pension not met - see RPSM09103150 but note that this event can only occur before 6 April 2011 as section 181A is repealed with effect from 6 April 2011, or
• sections 185A or 185F FA 2004 (income and gains from taxable property - see RPSM07109010).

Information required- for Event Reports 2008/09 onwards

The fact that the scheme is to be treated as having made a scheme chargeable payment.

Reportable event - Event Reports 2006/07 and 2007/08 only

Where the event report is filed with HMRC on or after 11 August 2006, the following event must be reported on it.

The registered pension scheme is treated as having made, during the tax year, a scheme chargeable payment under section 185A or 185F of Finance Act 2004 (income and gains from taxable property).

Information required- Event Reports 2006/07 and 2007/08 only

The fact of the payment.

Reporting unauthorised borrowing

Also a registered pension scheme is treated as making a scheme chargeable payment under sections 183 or 185 FA 2004 in relation to unauthorised borrowing.

However, reports in relation to unauthorised borrowing are not within reportable event 18. Instead, there is a separate requirement for making a written report. See RPSM12301800 for more details.

What the event report looks like on Pension Schemes Online

Event report summary page 

Having brought the event report summary page up, click on ‘Go to reportable fund movements’ on the right hand side of the screen. This brings up the following screen.

Event report page for reportable fund movements