RPSM03108030 - Technical Pages: Protecting pension rights from tax charges: Pension credit rights: After the notification

After the notification has been made

[Regs 17 & 18 The Registered Pension Schemes (Enhanced Lifetime Allowance) Regulations 2006 – SI 2006/131]

If after the notification has been made the individual learns that the information given in their notification was incorrect, they must inform HMRC as soon as possible. HMRC will revoke the current certificate and issue a certificate giving details of the revised enhanced lifetime allowance.

If the individual notifies HMRC of primary protection, having already notified of pension credit rights, they should inform HMRC about the previous notification when they make the second application. The certificate for the pension credit rights will be revoked.