14 December 2006
HMRC have published Newsletter No. 22
This is devoted largely to administrative issues and is largely
self explanatory.
There are two points of particular note:
1. There is an item dealing with the interaction of the age
discrimination regulations and the Finance Act 2004 pensions tax
regime.
An amendment has been made because FA 2004 requires registered
pension schemes to set a minimum pension age.
HMRC confirms that as far as the tax rules are concerned the
final amendments to the age discrimination rules have no adverse
effect on registered pension schemes. The amendment does not put
employers and schemes at risk from claims of discrimination being
made against them.
2. Pension Schemes Online
The following functions are now available on Pension Schemes
Online
Register to operate Relief at Source for a particular scheme
Amend Relief at Source details held on Pension Schemes
Online
View an individual's lifetime allowance certificate
The Newsletter describes what can be done.
