HMRC has published its latest relief at source pension schemes newsletter, containing updates and guidance on pension schemes.
The newsletter includes information on the notification of residency status report for 2019 to 2020. It notes that from January 2019, an additional residency status will be added to tell you if your member has Welsh residency status for relief at source schemes.
Your members’ residency status will be shown in an additional field to the original information you submitted on your 2017 to 2018 annual return of information and will be one of the following:
- an S for Scottish residency status
- a C for Welsh residency status
- a U for unmatched individuals
- a blank field for rest of the UK.
The newsletter also includes details on the annual return of information for 2018 to 2019 and the Scottish Budget.
