A. The Event Report is used to report certain events that have occurred relating to the scheme during the previous tax year. The events relate to:
For more detail of exactly what events you need to report on refer to the Registered Pension Schemes Manual (RPSM) at RPSM12301010.
A. The Scheme Administrator is required to make the Event Report and is responsible for its accuracy and completeness.
A. No, however, the Scheme Administrator can engage the services of a practitioner to complete and submit the report on their behalf but the Scheme Administrator must approve the content of the report before it is sent to HM Revenue & Customs (HMRC). This is because any penalties for submitting an incomplete or inaccurate Event Report are chargeable on the Scheme Administrator(s).
If the Event Report is filed by a practitioner on behalf of a Scheme Administrator the practitioner is required to make a declaration before the submission can be accepted by HMRC. This declaration is made to confirm that the Scheme Administrator named in the submission has approved the content of the report and its submission to HMRC online.
A.You will not receive a notice to submit an Event Report from HMRC. You will need to be aware that if certain events occur you must notify HMRC. These events are listed in the Registered Pension Schemes Manual (RPSM) at RPSM 12301010.
A. If you are the Scheme Administrator you will need:
If you do not have the PSTR, you will need the pension scheme name and either
the SF reference number or the contract or policy number
If you are a Practitioner acting on behalf of a Scheme Administrator you will
need:
If you do not have the PSTR, you will need the pension scheme name and either
the SF reference number or the contract or policy number.
You must confirm that the content of the return, together with its submission
to HMRC have been approved by the Scheme Administrator.
A. If any of the events listed in the Registered Pension Schemes Manual (RPSM) at RPSM 12301010 have occurred.
A. The event report must be delivered to HMRC after the end of the tax year to which it relates but no later than the following 31 January. Where a pension scheme is wound up, the due date of delivery is 3 months from the date of when winding up is completed if this date is earlier.
For example, a scheme has reportable events each year. It completes wind up on 30 January 2009.
A. Since 16 October 2007 you must submit your Event Report online, using either HMRC’s free software or third party software via Pension Schemes Online.
For further information please see the Online User Guide (PDF 182K)
A. No, you can add an event(s) and save the report and keep adding to it throughout the year.
Saved data will be kept until the end of February following the end of the tax year to which the Event Report relates. For example, if the Event Report is for the tax year ended 5 April 2008 the data will be retained until 28 February 2009. If you start the report after the due filing date has expired saved Event Report data shall be kept for one month from the date you start. For example, if the Event Report is for the tax year ended 5 April 2008 the filing date is 31 January 2009. The report is started on 14 February 2009 then any data saved would be saved until 14 March 2009.
A. The Event Report must be filed:
If the scheme has wound up, the report should be filed on the earlier of:
For example, a scheme has reportable events each year. It completes wind up on 30 January 2009.
A. If the Event Report is not received before the relevant filing date, the Scheme Administrator will be liable to an initial penalty not exceeding £300.
A. No, you should only submit an Event Report if one or more of the reportable events have occurred during the reporting period.
A. You can amend the Event Report online using either third party software or HMRC’s free software. If using HMRC’s free software, once you have logged on select ‘Pension Schemes Online’. From the next screen select the ‘HMRC free software’ link. On the next screen, select the scheme by entering the Pension Scheme Tax Reference or search using the scheme name. Once you have found the scheme, select ‘Event Reporting’ under ‘Reporting’. This will present you with a list of Event reports submitted for the scheme. Select the ‘amend’ link to the right of the report you wish to amend.
A. If the Event Report is being compiled by more than one person then its content needs to be visible to all parties completing the report. If the persons compiling the Event Report are not the Scheme Administrator(s) then the Scheme Administrator will have to authorise HMRC to allow the practitioner to view the Event Report. If an Event Report is only being completed by a single practitioner, the Scheme Administrator does not need to authorise HMRC to allow that practitioner to view it.
A. Yes, your colleagues can view it providing they have notified HMRC they are a Scheme Administrator and have been added to the scheme.
Refer to the Guide to using Pension Schemes Online (PDF 243K) for further guidance.
A. No, it is not necessary for HMRC to be authorised to receive information as long as the Scheme Administrator has approved the content and for it to be submitted.
A. The Scheme Administrator can view the compiled Event Report and then select the ‘submit’ link to allow them to complete the declaration and submit it to HMRC.
