TSEM5220 - Trusts for particular purposes: employment-related trusts - retirement benefits schemes and registered pension schemes
Pension scheme had approval (up to 5 April 2006)
If a retirement benefits scheme had tax approval, Trust Offices
did not need to be involved. The tax office holding the
employer’s file issued any SA returns that were required.
Registered pension schemes (from 6 April 2006)
If the trust is a registered pension scheme. Trust Offices
do not need to be involved. Pension Schemes Services will issue any
Registered Pension Schemes Self-assessment Tax Returns that are
required.
The instructions in the SA Manual are at
‘Returns/return issue/pension scheme returns’.
Pension scheme had lost its approval (before 6 April 2006),
or has ceased to be aregistered pension scheme
If the reason for losing approval was that resident trustees
had been replaced by non- resident trustees the case will be proper
to CAR Residency. All other cases will be proper to HMRC Trusts
Nottingham who have a ‘PSO’ range.
In both cases they treat the pension schemes like an EFRBS
(TSEM5300)
Employer-financed retirement benefits schemes
The Trust Offices deal with employer-financed retirement
benefits schemes
