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HM Revenue & Customs (HMRC) have asked pension schemes to remind members that: “it is really important that those who have exceeded the Annual Allowance for (the tax year) 2016 to 2017 to declare this on their Self Assessment tax return (the…

Errors on 2023/24 pension savings statements, and clarification of figures on 2023/24 pension savings statements for the 1995/2008 Scheme We are aware of an error on issued 2023/24 Pension Savings Statements. Read our news article 'Error on 2023/…

The final pay controls (FPC) team received 1,416 applications for reassessment, with 881 of these received in December 2021 alone. The team have completed 60% of all reassessments received so far and are working hard to complete the remainder as…

In Pensions Schemes newsletter 112  (31 July 2019) HMRC have asked schemes to remind members who have exceeded the Annual Allowance for 2018/19 and have an Annual Allowance charge that the charge must be declared on their that they have exceeded…

Further to the NHS Pensions and the Coronavirus Job Retention Scheme (CJRS) article in our June 2020 newsletter, HMRC has published further information as part of their business support during COVID-19, which confirms the way in which the furlough…

GPs in England applying to the 2019/20 Pension Annual Allowance Charge Compensation Scheme must have their application form endorsed by Primary Care Support England (PCSE) before it can be processed by the NHS Business Services Authority (NHSBSA).…

The NHS Business Services Authority is sympathetic to the situation that NHS staff currently find themselves in during the Coronavirus (COVID-19) pandemic and are keen to support members of the NHS Pension Scheme (England and Wales) who are front…

If a member needs to send in certificates or supporting documents to us, remind them that they need to send the originals or certified copies. If they send photocopies we won’t be able to proceed with their request. We are also asking members to…

Requests for a GMP test need to be sent via email to nhsbsa.gmptestrequest@nhs.net When requesting a GMP test, the following information is required: •           Intended retirement date •           Notional Whole time Total Pensionable pay…

In the Pensions Schemes newsletter 115 (26 November 2019) HMRC have asked schemes to remind members who have exceeded the Annual Allowance for 2018/19 and have an Annual Allowance charge that must be declared as they have exceeded their Annual…