Notional Earnings Cap 2008/09

Further to the information in its Newsletter no 25, HMRC has confirmed that the notional earnings cap for 2008/09 is £117,600.

Filing of 2006/07 Pension Scheme Returns and Event Reports

HMRC has announced that, because of disruption in the Pension Schemes Online Service in recent weeks, any Pension Scheme Returns and Event Reports filed by midnight on 1 February would be treated as if they had been filed on time, as would returns filed after 1 February where the cause of the delay was the HMRC service disruption. Anyone wishing to appeal against the issue of a penalty notice should do so on form APSS 413 within 30 days of the date of the notice.

HMRC Event Report Form - feedback

The NAPF has reported that HMRC is trying to assess the administrative burden placed on schemes and providers in completing the Event Report Form, APSS 300. Its short questionnaire can be completed and then emailed to Andrew Hinsley at HMRC.