PENSION SCHEMES SCOTTISH RATE OF INCOME TAX NEWSLETTER/ PSN 87
This publication appeared today on HMRC's Pension Schemes Newsletters web page, initially titled 'Pension schemes newsletter 87 – May 2017'. Shortly afterwards it was 'updated', the only change being to the title which became 'Pension schemes Scottish rate of Income Tax newsletter – May 2017'. The content is devoted entirely to the Scottish rate of Income Tax (SRIT)

HMRC has used this 87th PSN to focus on the introduction of its new browser based

electronic service: the Secure Data Exchange Service (SDES) to be used for the submission of the annual return of individual information.

HMRC will use the new SDES to notify pension scheme administrators of the correct residency tax status of their scheme members; relevant following the introduction of the SRIT.

From April 2018, the new service will run alongside existing submission methods.

From 2019, submission of annual returns of individual information will be solely via SDES.

Those currently submitting annual returns of individual information via Secure Electronic Transfer (SET), don't need to enrol as HMRC will automatically migrate over to SDES from August 2017 for returns submitted via SDES from April to July 2018. . . .

12 May 2017   Check other news items


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