HMRC publishes Newsletter No 21

HM Revenue & Customs publishes Pensions Tax Simplification newsletter No 21

02 November 2006

This latest update amongst various matters includes more detail on what constitutes a ' single transaction ' for a block transfer; more information on QROPs and Notifications for Enhanced Protection and Enhanced Lifetime Allowance.

This latest update from HM Revenue & Customs includes:

  • Clarification on what is meant by a "single transaction " for a 'block transfer ' especially where the sums and assets are passed from one scheme to another on different days
  • Information on HMRC's published list of QROPs
  • Details of the new IT system for issuing certificates for lifetime allowance protections and the effect on existing processes.


For full details please visit the HM Revenue & Customs website.


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