All pension schemes must be registered with HM Revenue and Customs (HMRC). If tax is paid or claimed by the trustees then they are required to submit a tax return. If HMRC writes to the trustees to request a return, one must be submitted, even if it is a nil return.
Failure to complete a return if due or requested can result in a £100 fine being issued
The completion of a tax return is in addition to other returns that must be completed; such as the annual scheme return required by the Pensions Regulator.
Our systemised approach and robust processes ensures that we will complete and submit the return on time, giving you the peace of mind that you are complying with your taxation duties.
At Accountants 4 Pension Schemes we can undertake the task of filing the tax returns for our clients. If you want to know more about this service then please email Nigel at nigel@A4G-LLP.co.uk or click below to get a quote.
Want to find out more?
Call us on (01474) 853856 and we will put you in contact with one of our advisers, or send us an enquiry by clicking below.