Pension News Sign Up Now For Pensions E Filing

Written by Editorial Team

03 August 2007

Pension scheme administrators are being urged to sign up to pensions electronic filing, it has been reported.

From October 16th 2007, a scheme will be introduced in which officials will have to register and submit things like event reports, tax returns accounting to the HM Revenue & Customs (HMRC).

To register, people need to visit https://online.hmrc.gov.uk/registration and select ‘Pensions’, filling in the appropriate details.

And HMRC’s Julie Elsey, head of pensions scheme services, outlined why people should get involved in the scheme.

“Thousands of pension schemes are already taking advantage of our online service, so get on board and experience the benefits of e-filing now,” she said.

In April this year, then-chancellor Gordon Brown decided to axe pension terms assurance as part of his 11th and final Budget.

As a result, a number of families on low-incomes could struggle to get by.

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