As a Pension Scheme Administrator who manages a registered pension scheme, you must act now and prepare for changes to the Pension Scheme Return process for 2024 to 2025 returns onwards.  

What’s changing about Pension Scheme Returns from the 2024 to 2025 tax year

From 6 April 2025 you will not be able to file a Pensionpension Schemescheme Returnreturn using the Pension Schemesschemes Onlineonline Service. service. 

HMRC will send you a notice to file a 2024 to 2025 returnspension scheme return for any schemes you’re an administrator for on the Managing Pensionpension Schemesschemes service. 

We’ll ask for more information than we useddid to for previous Pension Scheme Returns completed on the Pension Schemesschemes Onlineonline service.  

Depending on the size of the scheme, different information will be required as part of the return.  

You can no longer submit a pension scheme return using third-party software, for any period. You’ll need to compile and submit the report directly onto the service.

When to complete your newpension Pensionscheme Scheme Return return 

TheYou’ll be sent a notice to file sentwhich by HMRC will stategive thea deadline thefor submitting your pension scheme return must be submitted by.  return.  

If your scheme isjoined already on, or migrates onto the Managing Pensionpension Schemesschemes service before April 2025, noticesnotice to file thefor 2024 to 2025 return will be issued in April 2025,2025. withThe a deadline offor this will be 31 January 2026.

If the Pensionpension Schemescheme Returnhas isa notpension receivedscheme bytax thereference 31(PSTR) Januarybeginning 2026with deadline,‘0’, you’ll beneed chargedto amigrate £100it penalty.to Dailythe penaltiesManaging ofpension upschemes toservice.

Deadline £60for submitting a daypension mayscheme alsoreturn

You bemust chargedsubmit ifyour pension scheme for each tax year by 31 January, after the returnend isof stillthe tax year. If it’s not submitted.

Checkreceived howby tothe enroldeadline, andyou’ll migratebe yourcharged pensiona scheme£100 penalty.

Daily penalties of up to the£60 Managinga Pensionday Schemesmay service.also be charged.

Who needs to complete a 2024pension toscheme 2025 Pension Scheme Return  return  

You’ll only need to submit a pension scheme return if we send you a notice to file. Even if you have not previously received a notice to file a pension scheme return, you might in the future.

If youyou’re areadministrator a Pension Scheme Administrator responsible for more than one scheme, you may now have to complete a return for each scheme you manage. 

WhatCompile, Pensionsave Schemeand Administratorssubmit registereda pension scheme return

You can compile and save your pension scheme return on the serviceservice. shouldYou docan nowreturn to preparea draft version and submit it later. It will stay on the service until you complete the declaration and submit it.

There are 2 types of pension scheme return:

• self-invested person pension (SIPP)
• standard (non-SIPP)

BeforeWhich one you’ll takinghave anyto othercomplete action,depends on the type of scheme you shouldhave logregistered.

Standard into(non-SIPP) thepension Managingscheme Pensionreturns

All Schemesschemes serviceneed andto makesubmit suredesignatory details.

If your scheme administratorhas contactless detailsthan including100 addressmembers andyou’ll emailneed addressto aresubmit upa full return including members’ details.

You’ll be able to date.manually Thisenter isthese sodetails weonto the system.

You can makealso surebulk theupload noticemember todetails by CSV file. A template CSV file is sentavailable to thedownload righton personthe alongManaging withpension anyschemes further communications.service.

Make

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ODT, Managing25.7 PensionKB

This Schemefile serviceis in an OpenDocument fromformat

This thefile Pensionmay Schemesnot Onlinebe service.suitable Thisfor willusers giveof assistive technology.

Request an accessible format.

If you moreuse timeassistive totechnology compile(such as a screen reader) and submitneed thea newversion Pensionof Schemethis Returnsdocument forin thesea schemesmore byaccessible theformat, deadline.please Ifemail different.format@hmrc.gov.uk. Please tell us what format you haveneed. aIt schemewill thathelp isus noif longeryou active,say what assistive technology you willuse.

Self-invested needpersonal topension wind(SIPP) thepension scheme upreturns

You must upload member details and asset data by CSV file. You cannot enter the details manually.

A template CSV file is available to download on the PensionManaging Schemespension Onlineschemes service.

1. MakeThere sureare you6 aredifferent readyasset totypes:

   • land collateor theproperty informationacquired aboutfrom thea Standardconnected Pensionparty
   • other Schemeassets Returnacquired from a connected party
   • land or self-investedproperty personalacquired pensionfrom (SIPP)arm’s Schemeslength Returnparty
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