The Chartered Institute of Payroll Professionals
News On Line
Non-taxable payments following a member’s death and Real Time Information reporting
The regulations The Pension (Non-Taxable Payments Following Death)(Real Time Information) Regulations 2021 have been made and laid.
What they mean is that pension payers must send certain information to HMRC under Real Time Information (RTI) regarding some of the payments that are made in respect of members of registered pension schemes following the death of a member, where those payments are not taxable as Pay As You Earn (PAYE) pension income.
Further information is available here.
Back to contents
Recognised overseas pension schemes notification list 6 May 2021 The list of Recognised Overseas Pensions Schemes (ROPS) notifications has been updated.
The list is of schemes that have told HMRC they meet the conditions to be a ROPS and have asked to be included on the list.
There have been 45 scheme names added to the list, and one removed. One amendment has been cited in this update.
A very welcome change is that HMRC now list the updates, as follows.
Schemes added
Australia
A & S Davison Superannuation Fund Agnew Superannuation Fund AW & JNW Superannuation Fund Ausco SMSF Trust Bagga Family Super Fund Bickell Superannuation Fund Bringing Home The Bacon Super Carole Gibbons SMSF Cawte Family Superannuation Fund Clifton ROPS Fund D and D Beardsmore SMSF Super Fund D&M Duffy Super Fund DMKK Super Fund Donal Ryan Superannuation Fund Duffield Superannuation Fund Higgins Superannuation Fund Jasper Superannuation Fund Joanne Jordan Superannuation Fund John Jenkins Superfund Laurenson Self Managed Super 2021
Mardel Superannuation Fund Miller Freedom Super Fund N & A Hornby SMSF Nightingale Family QROPS Superannuation Fund Palfrey Family Super Fund PR Thompson Super R & J Parsons Superannuation Fund R & K Attrill Family Superannuation Fund Reamers ROPS Fund
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
Page 159 of 220
Made with FlippingBook - Online magazine maker