Who submits the returns and event reports

The scheme administrator is responsible for submitting:submitting the:

• pension scheme returns
• Accounting for Tax returns
• eventEvent reportsReports

You can delegate these tasks,tasks but you remain responsible for making sure they’re accurate and complete.

Pension scheme returns

If weHMRC needneeds more information about a registered pension scheme,scheme wethey may send you a notice telling you to fillcomplete in a pension scheme return.

If Occupationalyour andpension non-occupationalscheme schemeshas havea separatepension versionsscheme oftax thereference return.

This(PSTR) pensionbeginning schemewith return‘0’ isyou differentmust fromfile theyour pension scheme return forusing Thethe Pensionspension Regulatorschemes andonline formservice.

If SA970your Taxpension Returnscheme forhas Trusteesa ofPSTR Registeredbeginning Pensionwith Schemes.

Deadline‘2’, forwe’ll submittingtell theyou how to file your pension scheme return

The when we issue your notice to filefile.

There letterare from2 usversions willof state the deadlinepension scheme return, one for submittingoccupational schemes and the pensionother schemefor return.non-occupational schemes.

IfThis wepension doscheme notreturn receiveshould thenot pensionbe schemeconfused returnwith byeither the deadline,scheme youreturn willthat beneeds chargedto abe £100sent penalty.to DailyThe penaltiesPensions ofRegulator £60or mayform alsoSA970 applyTax ifReturn thefor returnTrustees isof stillRegistered notPension submitted.Schemes.

SubmittingDeadline afor submitting the pension scheme return

FromThe thenotice 2024 to 2025file taxletter year,sent youby mustHMRC submitwill yourstate pension scheme return on the Managingdate pension schemes service.

If the pension scheme hasreturn a PSTR startingmust withbe ‘0’,submitted you’llby. needIf tothe migrate your pension scheme toreturn theis Managingnot pensionreceived schemesby service.

For the 2023deadline toyou’ll 2024be taxcharged yeara and£100 earlier,penalty. youDaily mustpenalties useof the£60 Pensionmay schemesalso onlinebe servicecharged toif submitthe anyreturn newis pensionstill schemenot returns.submitted.

AmendingHow to amend a submitted pension scheme return

If you makemade a mistake on the original pension scheme return,return you should send an amended one as soon as you can.

You can dosubmit this:

• 24amendments hoursusing after the originalpension submission,schemes ifonline youservice. usedYou thecan Pensionstart schemessubmitting onlinean service
• immediately,amendment if24 hours after you usedmade the Managingoriginal pensionsubmission schemes service

online.

Accounting for Tax returns

As scheme administrator,administrator youyou’re mustsubject payto tax charges when a registered pension scheme makes certain payments. YouThe mustfollowing reporttax andcharges paymust thebe followingreported taxand chargespaid to HMRC using the Accounting for Tax return.return:

Short service refund lump sum charge

Payable when the scheme refunds contributions to a member who was a member for less than 2 years.

Lifetime allowance charge

This tax is due when the scheme pays a pension to a member,member and they’vethey have used up their lifetime allowance.

The Thislifetime allowance charge only applies for the tax year ending 505 April 2023 and earlier tax years.

From 606 April 2023, it will only apply forin relation to the Public Service Pensions Remedy.

Special lump sum death benefit charge

A 45% tax that’sthat is due if the scheme pays certain lump sums following the death of a member.

Serious ill-health lump sum charge

From 16 September 2016,2016 we will treat the serious ill-health lump sum payment as taxable income. It will forms part of the Real Time Information reporting that pension scheme administrators have to do.

Do not include theseserious ill-health lump sum payments made on or after 16 September 2016 to scheme members aged 75 or over on the Accounting for tax return.

Authorised surplus payments charge

A 25% tax that’sthat is due if the scheme pays surplus scheme funds to an employer.

De-registration charge

A tax charge of 40% of the pension scheme value if HMRC removes the tax registration of the pension scheme.

Annual allowance charge

AppliesWhere where the member has given the scheme administrator a notice requiring them to pay the tax for the member.

Overseas transfer charge

A tax charge of 25% on taxable overseas transfers made from 9 March 2017.

Deadlines forA Accountingscheme formay Taxhave returnsmade andany taxtaxable chargeoverseas payments

Periodtransfers whenbetween tax9 arises	Filing date deadline
1 January to 31 March	15 May
12017 Apriland to 30 June	14 August
12017. JulyIf toso, 30report September	14these November
1and Octoberpay toon 31the December	14Accounting February

Iffor weTax doreturn notfor receive the Accountingquarter forbeginning Tax1 returnJuly or2017.

From tax1 chargeJuly payments2017 byyou theshould deadline,report youtaxable willoverseas betransfers chargedfor penalties.the quarter made.

Submitting

Detailed anguidance on the Accounting for Tax return

For anycan quarterbe startingfound 1in Aprilthe 2020PTM162000 onwards,Pensions youTax Manual.

You must use the Managing pension schemes service to submit any new Accounting for Tax returns. for any quarter beginning 1 April 2020 onwards.

If the pension scheme has a PSTR startingbeginning with ‘0’, firstyou’ll need to migrate your pension scheme to the Managing pension schemes service first to be able to do this.

Find out how to submit an Accounting for Tax return using the Managing pension schemes service.

ForYou must use the pension schemes online service to submit any new Accounting for Tax returns for any quarter earlier than 1 April 2020 for a scheme with:

• a with a PSTR starting beginning with ‘0’,‘0’.

  If you mustneed useto thefile Pensionan schemesAccounting onlinefor serviceTax to submitreturn for any newquarter Accountingearlier than 1 April 2020 for Taxa returns

• a scheme with a PSTR starting beginning with ‘2’, you should email email pensions.administration@hmrc.gov.uk and and put ‘AFT — — Managing pension schemes’ in the subject line
line.

Deadlines for Accounting for Tax returns and tax charge payments

Period when tax arises	Filing date deadline
1 January to 31 March	15 May
1 April to 30 June	14 August
1 July to 30 September	14 November
1 October to 31 December	14 February

If the Accounting for Tax return or tax charge payments are not received by the due date you will be charged penalties.

AmendingHow to amend a submitted Accounting for Tax return

You should amend an Accounting for Tax return as soon as you cancan, using the service that you submitted the return on.

Event reports

YouThere mustare reportsome certain events that occur in a registered pension scheme that must be reported to usHMRC using the Event Report.

Schemes with PSTR startingbeginning with ‘0’

If your pension scheme has a PSTR startingbeginning with ‘0’,‘0’ you must submit event reports for the tax year 2022 to 2023 tax year or earlier on the Pensionpension schemes online service.

If the scheme has been migrated to the Managing pension schemes service, you may need to provide extra information when reporting the event.

Reportable events between tax years 2011 to 2012 and 2022 to 2023 tax years

For event numbers 1, 2, 3, 4, 5, 6, 7, 8, 9, 18, 21, 22 and 23,23 you’ll need to submit your Event Report on the Pensionpension schemes online service.

For event numbers 10, 11, 12, 13, 14, 19 and 20 you’ll need to:to both:

• Submitsubmit your Event Report on the Pensionpension schemes online service.
• Emailemail: pensions.businessdelivery@hmrc.gov.uk so that we can update the record on the Managing pension schemes service.service

If you make a mistake on the original Event Report,Report you should send an amended Event Report as soon as you can.

If you submitted your Event Report using the Pensionpension schemes online service, you can submitstart submitting amendments 24 hours after you made the original submission.

Reportable events for tax year 2023 to 2024 tax year onwards

You must use the Managing pension schemes service to compile and submit an Event Report for tax year 2023 to 2024 tax year onwards.

If the pension scheme has a PSTR startingbeginning with ‘0’, youyou’ll first need to migrate your pension scheme to the Managing pension schemes service first to be able to do this.

Find out how to submit an Event Report using the Managing pension schemes service.

For event numbers 10, 11, 12, 14, 19 and 20,20 you’ll need to:to both:

• Submitsubmit your Event Report on the Managing pension schemes service.service
• Emailemail: pensions.businessdelivery@hmrc.gov.uk so that we can update the record on the Pensionpension schemes online service.service

If you make a mistake on the original Event Report, you should send an amended Event Report as soon as you can.

Schemes with PSTR startingbeginning with ‘2’

If you need to submit an Event Report for a scheme with a PSTR startingbeginning with ‘2’ for the tax year 2022 to 2023 tax year or earlier, you must email:email pensions.businessdelivery@hmrc.gov.uk and put ‘Event Report — Managing pension schemes’ in the subject line.

If you make a mistake on the original Event Report, you should send an amended Event Report as soon as you can.can Email:by emailing pensions.businessdelivery@hmrc.gov.uk and put ‘Event Report — Managing pension schemes’ in the subject line.

Reporting events for tax year 2024 to 2025 tax year onwards

Event 24 is a new event added to the Event Report on the Managing pension schemes service. This event is to report the payment of a lump sum or lump sum death benefit in relation to a relevant benefit crystallisation event.

You’ll no longer be able to report thesethe following events for the tax year 2024 to 2025 tax year onwards:

• Eventevent 2
• Eventevent 6
• Eventevent 7
• Eventevent 8
• Eventevent 8A8a

DetailsEvent ofReport events to be reported1

Event 1

The scheme made or treated as having made an unauthorised payment.

Event Report 2

Payments of lump sum death benefits of more than 50% of the lifetime allowance.

From theYou’ll taxno yearlonger 2024be able to 2025,report youthis cannotevent reportfrom thisthe event.tax year 2024 to 2025 onwards.

Event Report 3

Payment of benefits to a member under age 55 who is a scheme employer, director of a scheme employer (or associated company) or connected to such a person.

Event Report 4

Payment of a serious ill-health lump sum to a member who is either a a:

• scheme employer, employer
• director of a scheme employer (or associated company) or
• connected to such a person.
  person

Event Report 5

The scheme stops paying out an ill-health pension.

Event Report 6

A member’stest benefitsof arethe testedmember’s benefits against the lifetime allowance (a benefit crystallisation event), if their benefits are more than the standard lifetime allowance and they have any of the following:an:

• an enhanced lifetime allowance
• enhanced protection
• fixed protection
• fixed protection 2014
• fixedindividual protection 20162014
• individualtheir total benefits are more than the lifetime allowance

The Event Report does not currently include both:

• fixed protection 20142016 (FP2016)
• individual protection 2016 (IP2016)

YouIf needyour members rely on FP2016 or IP2016

From 6 April 2016, you’ll not be able to telluse usthe if2016 yourto 2017 or 2017 to 2018 event reports to report reference numbers.

Your members may have relied on fixed protection 2016 or individual protection 2016 between(and taxyou yearsneed 2011 to 2012tell andHMRC 2022before tothe 2023.update of an Event Report). If so, Contactcontact HMRC to to find out how to send the information. There are different rates and allowances that apply to pension schemes.

FromYou’ll theno taxlonger yearbe 2024able to 2025,report youthis cannotevent reportfrom thisthe event.tax year 2024 to  2025 onwards.

Event Report 7

Payment of a pension commencement lump sum which is more than 25% of the member’s pension pot and between 7.5% and 25% of the lifetime allowance.

FromYou’ll theno taxlonger yearbe 2024able to 2025,report youthis cannotevent reportfrom thisthe event.tax year 2024 to 2025 onwards.

Event Report 8

Payment of a pension commencement lump sum to a member with primary or enhanced protectionprotection. whenAlso the lump sum is more than the maximum lump sum payable to a member without lump sum protection.

FromYou’ll theno taxlonger yearbe 2024able to 2025,report youthis cannotevent reportfrom thisthe event.tax year 2024 to 2025 onwards.

Event Report 8A

Payment of a stand-alone lump sum (100% lump sum) and the member had either:

• protected lump sum rights of more than £375,000 with either primary protection or enhanced protection
• scheme specific lump sum protection and the lump sum is more than 7.5% of the lifetime allowance

FromYou’ll theno taxlonger yearbe 2024able to 2025,report youthis cannotevent reportfrom thisthe event.tax year 2024 to 2025 onwards.

Event Report 9

A transfer to a qualifying recognised overseas pension scheme where the transfer request took place before 6 April 2012.

ForTransfers transfersmay whichhave tooktaken place after 66th April 2012,2012. If so, read section ‘Report transfers to qualifying recognised overseas pension schemes’.

Event Report 10

The scheme becomes or stops being an investment regulated pension scheme.

Event Report 11

The scheme changes its rules to either:

• require the scheme to make an unauthorised payment
• allow the scheme to have investments other than insurance policies

Event Report 12

A scheme treated as 2 schemes by HMRC before 6 April 2006 changes any of its rules.

Event Report 13

The scheme’s structure changes.

Event Report 14

The number of members at the end of the tax year has changed band compared to the band at the end of the previous tax year. The bands are 0 members, 1 member, 2 to 11 members, 12 to 50 members, 51 to 10,000 members, more than 10,000 members.

Event Report 18

The scheme administrator is subject to a scheme sanction charge because of investment in taxable property.

Event Report 19

The scheme changes its country of establishment.

Event Report 20

The scheme becomes or stops being an occupational pension scheme.

Event Report 20A

The scheme becomes or stops being a Master Trust. You must report this on the Event Report within 30 days of this event.

You must tell Thetell The Pensions Regulator ifRegulator if your scheme becomes a Master Trust. Find out how to apply for authorisation of a new Master Trust on The Pensions Regulator website.

You may also need to tell The Pensions Regulator if your scheme ceases to be a Master Trust. You can find more information on reporting events on The Pensions Regulator website.

Event Report 21

Either a member or dependant moves into flexible drawdown — tax years 2012 to 2013, 2013 to 2014 and 2014 to 2015 only.

Event Report 22

The scheme administrator has automatically issued a ‘standard’ pension savings statement.

Event Report 23

The scheme administrator has automatically issued a ‘money purchase’ pension savings statement.

Event Report 24

The scheme administrator has made a payment of a lump sum or lump sum and death benefit in relation to a relevant benefit crystallisation event. This is where the member has exceeded the standard lump sum allowance or standard lump sum and death benefit allowance. You’ll be able to report if the member is relying on protected allowances.

Wind up a pension scheme

You must also use the Event Report to tell HMRC that a pension scheme has been wound up.

You can find detailed technical guidance on the Event Report in the PTM161000 Pensions Tax Manual.

Deadlines for submitting event reports

YouThe mustdeadline submitdate for submitting an Event Report byis 31 January following the end of the tax year.

If a scheme has been wound up,up you must submit the Event Report within 3 months of the date the scheme wound up.

If a scheme becomes or ceases to be a Master Trust, this should be reported within 30 days.

If we do not receive the Event Report is not received by the deadline,deadline you may be charged a penalty of up to £300. Daily penalties of up to £60 may also applybe charged if you still do not submit the report.

Report transfers to qualifying recognised overseas pension schemes

The UK scheme administrator must tell HMRC about transfers to qualifying recognised overseas pension schemes using form APSS262 within 60 days of the transfer. You must also report whether the transfer was or was not a taxable overseas transfer.

If the transfer is taxable,taxable you’ll also need to report the information on your Accounting for Tax return and pay the tax due.

Pension flexibility payments and pension flexibility death benefits payments

As scheme administrator,administrator you must report pension flexibility payments and pension flexibility death benefits payments to HMRC through Real Time Information.

You can find more information about this in chapter 2 ‘special procedures’ of the CWG2 guide.

Lump sum payments above the tax-free limit

As scheme administrator, you must report to HMRC through Real Time Information, where a member has received a lump sum either:

• abovea the standard lump sum allowanceabove — you can find this in the pension schemes rates £268,275
• above their increased lumplump-sum sum allowance (due to protecteda allowancesprotection that they rely upon)hold)

SoYou must report this through Real Time Information, so we can tax the excess at their marginal rate.

You can find more information about this in chapter 2 ‘special procedures’ of the CWG2 guide.

Relief at source annual return of information

Registered pension schemes operating relief at source, must submit an annual information return giving details of all net contributions paid in the previous tax year.

Read more about relief at source annual return of information.

Get more information

You can find out more about:

• the Accounting for Tax return in the PTM162000 Pensions Tax Manual
• the Event Report in the PTM161000 Pensions Tax Manual
• real time reporting in chapter 2 ‘special procedures’ of the CWG2 guide

You can also find more on reporting events on The Pensions Regulator website.