The annual reconciliation reporting period will open shortly on compass. You will need to let your accountant have copies of the associate schedules for the year April 2022 to March 2023, in order for them to calculate the net pensionable earnings declared on the report.
Recently, some taxpayers have been receiving letters from HMRC suggesting they have received overseas income or gains that they ‘may’ need to pay UK tax on.
HMRC run various regimes whereby they target certain types of income, whether this be via enquiry, or to encourage voluntary disclosure.
In recent correspondence to members, the NHS Business Services Authority (BSA) has set out details of proposed changes to the NHS Pension Scheme, aimed at introducing additional flexibility for members at retirement
Now is the time to think about doing your annual Type 2 superannuation form for 2021/22 if you haven’t done so already.
Who needs to complete a Type 2 certificate?
If you are a dental practice owner who holds a contract for dental services with the NHS, you can apply for a reimbursement of your 2023/2024 business rates.
Thousands of NHS healthcare professionals, including consultants, general practitioners and dentists, have started to receive copies of their Annual Allowance Pension Savings Statements (AAPSS) from the NHS Business Services Authority (NHSBSA).
NHS Superannuation Certificates are available to download from NHS Compass.