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QROPS - no longer. How do I report


Julian927

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Our pension was decreed, by HMRC, as no longer QROPS. However we still need to report our annual pension. My question is which HMRC form do I have to use to report to them....as I am aware that we have to continue to tell them for 10 years.

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Hello

I believe this is the form you are referring to (APSS253): https://www.gov.uk/government/publications/pension-schemes-payments-in-respect-of-relevant-members-apss-253

That said I believe that only the first pension income payment is reportable and it does not have to be reported annually. 

Other types of payments such as lump sums and transfers to other QROPS/Non QROPS have to be reported as and when they occur of course within the reporting period. 

KR

Andy

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