As promised, HMRC met its revised deadline for the launch of the first phase of the Manage and Register Pensions Schemes service on 4 June 2018 and published an accompanying Newsletter. HMRC will continue to develop the service over the next two years. Existing scheme administrators are encouraged to complete the new (one-off) enrolment information as soon as possible.

From 11 June 2018, the service will display a list and status of schemes the user

has applied to be registered. A necessary evil here will be the temporary closure of the service on 9 and 10 June 2018.

Whilst the PTM is yet to receive a promised update, HMRC has updated main guidance on how to:

• register as a pension scheme administrator;
• register a pension scheme;
• manage a registered pension scheme.

There is also a new guide on registering as a practitioner.

Non-trading companies or public sector organisations will only be able to register if they have a 10-digit Corporation Tax unique taxpayer reference (UTR) - or a provisional UTR given for the purposes of using the service.

This Phase One will receive a . . .

04 June 2018   Check other news items