Pension savings annual allowance calculator
From 6 April 2011 the annual allowance for tax relief was reduced to £50,000.
You can use this calculator to work out the total amount of your savings
and any unused annual allowance for certain types of pension savings for
the 2011-12 tax year.
Qualifying Recognised Overseas Pension Schemes (QROPS)(PDF
292K)
Pension Schemes Services (PSS) has published an update to the QROPS list.
Relief at Source (RAS) project update
HM Revenue & Customs Pensions has published an
update on the RAS project.
Qualifying Recognised Overseas Pension Schemes
(QROPS) (PDF 126K)
'Pension Schemes Services (PSS) has published an update to the QROPS list.
January 2012 Submission deadlines - Pension Scheme Returns and
Event Reports
The deadline for submitting Registered Pension Scheme Returns, Event
Reports and trustee tax returns (form SA970) for the 2010-11 tax year is
31 January 2012.
Qualifying Recognised Overseas Pension Schemes (QROPS) (PDF 261K)
Pension Schemes Services (PSS) has today published an update to the QROPS list.
January 2012 submission deadlines - Pension Scheme Returns and
Event Reports
The deadline for submitting Registered Pension Scheme Returns, Event
Reports and trustee tax returns (form SA970) for the 2010/11 tax
year is 31 January 2012. But you need to register by 13 January
2012.
Qualifying Recognised Overseas Pension Schemes
(QROPS) (PDF 135K)
Pension Schemes Services (PSS) has published an update to the QROPS
list.
Pensionschemes Newsletter 51 (PDF 70K)
The December 2011 edition has now been published.
Commutation of small personal
pension funds (PDF 40K)
Following the publication on 6 December 2011 of draft secondary
legislation to enable individuals to access savings held in small
personal pension schemes, that is, £2,000 or less, by way of lump
sum payment (commutation), draft guidance has been published today
for consultation.
Overseas transfers of pension
savings - QROPS (PDF 174K)
Following the publication on 6 December 2011 of draft secondary
legislation to make changes to the system for transfers of pension
savings to qualifying recognised overseas pension schemes (QROPS),
draft guidance has been published today for consultation.
Qualifying Recognised Overseas Pension Schemes (QROPS) (PDF 995K)
Pension Schemes Services (PSS) has published an update to the QROPS
list.
Automatic enrolment into pensions
2012 - actions for employers
Workplace pensions law is changing and every employer must act.
Employer
asset-backed pension contributions
HMRC has today published a summary of responses, a Tax Information
and Impact Note (TIIN) and the draft Finance Bill 2012 legislation
and explanatory notes. The legislation will have effect on and after
29 November 2011.
Annual allowance - carry forward
rules for the transitional years
HM Revenue & Customs has revised the guidance on how carry forward
works for the transitional years 2008-09, 2009-10 and 2010-11.
Qualifying Recognised Overseas Pension Schemes (QROPS) (PDF 285K)
Pension Schemes Services (PSS) has published an update to the QROPS
list.
Statutory
Instrument 2011/2696 and Explanatory Memorandum (Opens new window)
The Employment Income Provided Through Third Parties (Excluded Relevant
Steps) Regulations 2011.
Pension Schemes Newsletter 50 (PDF 91K)
The latest newsletter concering Fixed Protection for pension savings
has now been published.
Minutes of the Pensions Industry
Stakeholder Forum 12 October 2011 (PDF 51K)
HM Revenue & Customs has published minutes from the Pensions
Industry Stakeholder Forum
Penalties for late submission
of Tax Returns for Trustees of Registered Pension Schemes (SA970)
This is a note to remind trustees that penalties will be charged
where you submit your pension schemes SA return late even if no
tax is due.
Qualifying Recognised Overseas Pension Schemes (QROPS) (PDF 1.1MB)
Pension Schemes Services (PSS) has today published an update to
the QROPS list.
Qualifying Recognised Overseas Pension Schemes (QROPS) (PDF 243K)
Pension Schemes Services (PSS) has today published an update to
the QROPS list.
How to obtain a Pension Scheme Tax
Reference (PDF 23K)
HM Revenue & Customs have published guidance on how to obtain
a Pension Scheme Tax Reference.
Qualifying Recognised Overseas Pension Schemes (QROPS)(PDF 146K)
Pension Schemes Services (PSS) has today published an update to
the QROPS list.
Contracted Out Guidance Booklets
HM Revenue & Customs have revised the CA14C and CA14E booklets
following the change in legislation from 1 October 2011.
Qualifying Recognised Overseas Pension Schemes (QROPS)(PDF 1.2MB)
Pension Schemes Services (PSS) has published an update to the QROPS
list.
Pensions: Draft Statutory Instrument
The Registered Pension Schemes and Overseas Pension Schemes (Electronic
Communication of Returns and Information) (Amendment) Regulations
2011.
Pension Schemes Newsletter
49 (PDF 70K)
The Pension Schemes Newsletter Number 49 has been published.
Tax Information
and Impact Note for SI 2011/2281 (PDF 43K)
The TIIN to accompany the Employer-Financed Retirement Benefits
(Excluded Benefits for Tax Purposes) (Amendment) Regulations 2011
has been published.
Statutory
Instrument 2011/2281 and Explanatory Memorandum (Opens new window)
The Employer-Financed Retirement Benefits (Excluded Benefits for
Tax Purposes) (Amendment) Regulations 2011
Qualifying Recognised Overseas Pension Schemes (QROPS)(PDF 173K)
Pension Schemes Services (PSS) has published an update to the QROPS
list.
Changes to the Pension
Schemes Services guidance
Pension Schemes Services is working to improve the pension schemes
guidance on this website and in preparation is removing or archiving
old guidance - further information on the changes being made.
Pensions Industry Stakeholder Forum
HM Revenue & Customs has published information about the Pensions
Industry Stakeholder Forum
Qualifying Recognised Overseas Pension Schemes (QROPS) (PDF 142K)
Pension Schemes Services (PSS) has today published an update to
the QROPS list.
Pension Schemes Online User Guide
(PDF 182K)
A revised Online User Guide has been published which includes detailed
guidance on how to notify HM Revenue & Customs that a pension
scheme has wound up.
How to wind up a Pension Scheme
(PDF 62K)
New guidance has been published which explains how to wind up a
Pension Scheme.
Qualifying Recognised Overseas Pension Schemes (QROPS) (PDF 153K)
Pension Schemes Services (PSS) has published an update to the QROPS
list.
Pension
Schemes Services New Form - APSS227
HM Revenue & Customs have today published new Pension Scheme
Services form APSS227 - Application for protection of your lifetime
allowance - fixed protection, along with completion notes.
Pensions: Reduction of the
Annual Allowance
HM Revenue & Customs has published amendments to the draft guidance
on the reduced annual allowance for pension savings that was published
on 14 October 2010.
Pension Schemes Services New Form - APSS315
(PDF 150K)
HM Revenue & Customs have today published new Pension Scheme
Services form APSS315 - Flexible Drawdown Payments.
Pension Schemes Newsletter 48 (PDF
65K)
The Pension Schemes Newsletter Number 48 has been published.
Qualifying Recognised Overseas Pension Schemes (QROPS) (PDF 141K)
Pension Schemes Services (PSS) has published an update to the QROPS
list.
Statutory
Instrument 2011/1797 and Explanatory Memorandum (Opens new window)
The Registered Pension Schemes (Provision of Information) (Amendments)
(No. 2) Regulations 2011.
Statutory
Instrument 2011/1793 and Explanatory Memorandum (Opens new window)
The Registered Pension Schemes (Notice of Joint Liability for the
Annual Allowance Charge) Regulations 2011.
Statutory
Instrument 2011/1792 and Explanatory Memorandum (Opens new window)
The Registered Pension Schemes (Prescribed Requirements of Flexible
Drawdown Declaration) Regulations 2011.
Statutory
Instrument 2011/1791 and Explanatory Memorandum (Opens new window)
The Registered Pension Schemes (Modification of Scheme Rules) Regulations
2011.
Statutory
Instrument 2011/1790 and Explanatory Memorandum (Opens new window)
The Registered Pension Schemes (Transfer of Sums and Assets) (Amendment)
(No.2) Regulations 2011.
Statutory
Instrument 2011/1783 and Explanatory Memorandum (Opens new window)
The Registered Pension Schemes (Relevant Income) Regulations 2011.
Statutory
Instrument 2011/1782 and Explanatory Memorandum (Opens new window)
The Taxation of Pension Schemes (Transitional Provisions) (Amendment)
(No.2) Order 2011.
Statutory
Instrument 2011/1752 and Explanatory Memorandum (Opens new window)
The Registered Pension Schemes (Lifetime Allowance Transitional
Protection) Regulations 2011
Statutory
Instrument 2011/1751 and Explanatory Memorandum (Opens new window)
The Registered Pension Schemes (Miscellaneous Amendments) Regulations
2011.
Qualifying Recognised Overseas Pension Schemes (QROPS) (PDF 113K)
Pension Schemes Services (PSS) has published an update to the QROPS
list.
Pensions: Online User Guide (PDF
167K)
A revised Online User Guide has been published today which clarifies
the position regarding submission of Event Reports online.
Qualifying Recognised Overseas Pension Schemes (QROPS)
Pension Schemes Services (PSS) has published an update to the QROPS
list.
Pensions: Draft secondary legislation
HM Revenue & Customs have published for comment draft regulations
relating to disguised remuneration.
Qualifying Recognised Overseas Pension Schemes (QROPS)
Pension Schemes Services (PSS) has published an update to the QROPS
list.
Qualifying Recognised Overseas Pension Schemes (QROPS)
Pension Schemes Services (PSS) has published an update to the QROPS
list.
Pension Schemes Newsletter 47 (PDF
72K)
Pension Schemes Newsletter Number 47 has been updated to provide
additional information on the meaning of expected pension.
Pension Schemes Newsletter 47 (PDF
72K)
The Pension Schemes Newsletter Number 47 has been published.
Qualifying Recognised Overseas Pension Schemes (QROPS)
Pension Schemes Services (PSS) has today published an update to
the QROPS list.
Pensions: Draft secondary legislation
HM Revenue & Customs have published further sets of draft regulations
relating to the age 75 changes, for comment.
Qualifying Recognised Overseas Pension Schemes (QROPS)
Pension Schemes Services (PSS) has today published an update to
the QROPS list.
Pensions: Draft secondary legislation
HM Revenue & Customs have published for comment draft regulations
relating to the restriction of pensions tax relief and the age 75
changes.
Qualifying Recognised Overseas Pension Schemes (QROPS)
Pension Schemes Services (PSS) has today published an update to
the QROPS list.
Qualifying Recognised Overseas Pension Schemes (QROPS)
Pension Schemes Services (PSS) has today published an update to
the QROPS list.
Qualifying Recognised Overseas Pension Schemes (QROPS)
Pension Schemes Services (PSS) has today published an update to
the QROPS list.
Early
access to pension savings and trivial commutation (Opens new window)
The Financial Secretary to the Treasury has announced the Government's
response to the call for evidence on early access to pension savings
and pensions tax rules for those with small pension pots, which
closed on 25 February 2011.
Qualifying Recognised Overseas Pension Schemes (QROPS)
Pension Schemes Services (PSS) has today published an update to
the QROPS list.
Pension Schemes Newsletter 46 (PDF
65K)
The Pension Schemes Newsletter Number 46 has been published.
Pension Schemes Online user guide
The latest version of the guide to using the Pension Schemes online
service for scheme administrators and practitioners has been published.
Pensions: reduction of the
annual allowance
HM Revenue & Customs has published amendments to the draft guidance
on the reduced annual allowance for pension savings that was originally
published on 14 October 2010.
Qualifying Recognised Overseas Pension Schemes (QROPS)
Pension Schemes Services (PSS) has published an update to the QROPS
list.
Publication
of Finance Bill 2011 and Pensions Documents
HM Revenue & Customs has published draft Guidance, draft Statutory
Instruments and two announcements about Extra Statutory Concessions
A10 & A11 all relating to Registered Pensions Schemes alongside
Finance Bill 2011.
Statutory
Instrument 2011/732 and Explanatory Memorandum (Opens new window)
The Taxation of Pension Schemes (Transitional Provisions) (Amendment)
Order 2011 (SI2011/732).
Statutory
Instrument 2011/733 and Explanatory Memorandum (Opens new window)
The Registered Pension Schemes (Transfer of Sums and Assets)(Amendment)
Regulations 2011.
Qualifying Recognised Overseas Pension Schemes (QROPS)
Pension Schemes Services (PSS) has published an update to the QROPS
list.
Changes to Pension Schemes
Online (PDF 169K)
HM Revenue & Customs have published the spring 2011 IT release
for Pension Schemes Online.
Pensions Savings - Changes
to the annual allowance
More information including a revised Tax Information and Impact
Note and draft legislation published on 3 March.
Qualifying Recognised Overseas Pension Schemes (QROPS)
Pension Schemes Services (PSS) has published an update to the QROPS
list.
Statutory
Instrument 2011/302 and Explanatory Memorandum (Opens new window)
The Registered Pension Schemes (Accounting and Assessment) (Amendment)
Regulations 2011.
Statutory
Instrument 2011/301 and Explanatory Memorandum (Opens new window)
The Registered Pension Schemes (Provision Of Information) (Amendment)
Regulations 2011.
Pensions:
Reduction of the Annual Allowance
HM Revenue & Customs has published amendments to the draft guidance
on the reduced annual allowance for pension savings that was published
on 14 October 2010.
Qualifying Recognised Overseas Pension Schemes (QROPS)
Pension Schemes Services (PSS) has published an update to the QROPS
list.
Pension Schemes: 2011 Drawdown Pension
Tables
HM Revenue & Customs has published the 2011 Drawdown Pension
tables and guidance for calculating the maximum income from drawdown
pension funds.
Pension Schemes Newsletter 45 (PDF
29K)
The Pension Schemes Newsletter Number 45 has been published
Pensions: draft annual allowance information regulations
HM Revenue & Customs (HMRC) has published for comment draft
regulations relating to information requirements for scheme administrators
and employers in connection with the reduced annual allowance.
Pension Schemes newsletters 2011
Pension Schemes newsletters 2011
Qualifying Recognised Overseas Pension Schemes (QROPS)
Pension Schemes Services (PSS) has published an update to the QROPS
list.
Draft Appointed Day
Order making minor technical changes to new late filing and late
payment penalty regimes (PDF 36K)
Supplementary to the orders already published, HM Revenue &
Customs (HMRC) has published a draft order for external comment
which will bring into effect certain minor technical changes to
the late filing and late payment penalty regimes for ITSA and Pension
Scheme Returns in April 2011.
Draft Appointed Day
Order for new late filing penalties for Pension Scheme Returns (PDF
22K)
HM Revenue & Customs (HMRC) has published a draft order for
external comment bringing into effect the new late filing penalties
for Pension Schemes from 1 April 2011.
