Guidance

Newsletter on the public service pensions remedy 바카라 사이트” June 2024

Published 14 June 2024

Calculate your public service pension adjustment service

On 11 April 2024, the Calculate your public service pension adjustment service was closed temporarily due to a technical issue.

As we fix this issue, we바카라 사이트™ve considered feedback from schemes and members about the calculation and submission journey.

We바카라 사이트™ll introduce the following improvements to the service.

1. Removal of original pension input amounts for the remedy period

For the tax years 2015 to 2016 through to 2021 to 2022, members will not need to enter the amount of their original pension input amount. This will reduce the amount of information a member needs to give as part of their calculation and submission.

2. Income sub-journeys

Members will be presented with additional questions throughout the submission for the service to complete the relevant calculation, if they do not know the amount of their:

  • net income
  • threshold income

Using the information entered as part of this new element of the journey, the service will determine if the member바카라 사이트™s threshold income is above the threshold income limit for the relevant tax year. If so, the service will ask further questions to establish if the member is above the adjusted income limit for the relevant tax year.

If the member is above the adjusted income limit for the relevant tax year, the service will keep and use the adjusted income amounts to calculate the member바카라 사이트™s tapered annual allowance.

3. Save and return

When the service re-opens, members will have the option to sign in using their 바카라 사이트 Gateway user ID and save their progress to return to it later. They바카라 사이트™ll have 9 months from when they last saved their progress, to make a submission.

After this the information will be deleted, and they바카라 사이트™ll have to start again from the beginning.

Members who do not have a 바카라 사이트 Gateway user ID will still be able to use the calculator but will not be able to save and return. Members can create a 바카라 사이트 Gateway user ID.

4. Triage

We know many members who receive remedial service statements will not need to report any changes to tax charges to HMRC through the service.

We바카라 사이트™ll be introducing a new triage process, to help members decide if they need to use the full calculator and submission service or not. 

The member will be asked a series of questions about their specific circumstances. They바카라 사이트™ll be presented with a message telling them if, based on the information entered, they should make a submission to HMRC.

5. Updated calculation results page

We know users have found the calculation results page confusing, so we바카라 사이트™re working on updates to make the information displayed more meaningful and easier to understand the outcome of the calculation.

Release dates

We plan to re-open the service in mid-July 2024 and include as much as possible of items 1 to 3 mentioned in this release. Then update the service in September 2024 to include items 4 and 5.

We바카라 사이트™ll also be publishing some detailed guidance to support members using the service to give more details on what information we need at each point of the submission.

Further potential changes

Following feedback from schemes, we바카라 사이트™re currently getting advice on whether it바카라 사이트™s possible to add a new step to the member journey. This would allow communication between HMRC and the scheme when a member바카라 사이트™s annual allowance charge for the tax years 2019 to 2020 through to 2021 to 2022 is reduced due to the remedy, and the scheme originally paid the charge. With member바카라 사이트™s consent, the service would ask to give consent for HMRC to give this information directly to the scheme. The member would then not need to take any further action on the credit amount due.

We바카라 사이트™ll continue to review the service content and make necessary updates based on user feedback.

Updates on all changes will be provided in future newsletters.

Interim process for members

While the Calculate your public service pension adjustment service is unavailable, if you have members who need to make a submission to HMRC, ask them to email publicservicepensionsremedy@hmrc.gov.uk with 바카라 사이트˜PSPR submission request바카라 사이트™ in the subject line.

They can also contact HMRC by telephone and select option 1.

How you can help us

We바카라 사이트™re committed to working with schemes and are looking for volunteers to help us develop the proposed changes.

If you바카라 사이트™re interested in talking to us, email publicservicepensionsremedy@hmrc.gov.uk with 바카라 사이트˜Digital Service Changes바카라 사이트™ in the subject line.

Your input will be invaluable to helping influence the future design and development of the service.