RPSM02305030 - Scheme Administrator Pages: Registering a pension scheme with HMRC: opting out of automatic registration: Who is responsible for paying tax on opting out?

Who is responsible for paying tax on opting out?

The person who is the relevant administrator on 5 April 2006 is liable to the tax charge on opting out. (See RPSM02305020 and RPSM02302010)

If more than one person is the relevant administrator on that date, each is jointly and severally liable for the tax charge. This means that each person can be asked to pay the whole amount of tax due. If one person pays part of the tax due, all persons are discharged from liability in respect of that part of the tax which has been paid - but all persons, including the one who made the part payment, would still each be liable to pay the whole of the remaining amount due. If the tax liability is met in full by one or more persons, all persons concerned are discharged from liability for the full amount.