Publish date: 2 December 2021
Pension Members are reminded that should any Annual Allowance charge be due from the year 2020-2021, HMRC will need to be notified no later than the 31 January 2022 via a self-assessment tax return.
Further information regarding submission dates is available at:
https://www.gov.uk/self-assessment-tax-returns/deadlines
Information regarding self-assessment tax returns is available at:
https://www.gov.uk/self-assessment-tax-returns
If you have an annual allowance charge, you can either pay the charge directly to HMRC yourself or share the responsibility for the payment with NHS Pensions using the scheme pays facility.
Please note that the Pension team are unable to provide any independent financial advice on the above information. Only independent financial advisors registered with the FCA should be approached for financial advice.