Are the scheme administrator’s tax liabilities within self-assessment?
The scheme administrator’s tax liabilities under Part 4 of Finance Act 2004 are not within the self-assessment procedures. Therefore any tax liabilities of a scheme administrator should not be included in any self-assessment return that the trustees of the same pension scheme may complete in respect of that scheme. The tax liabilities of the scheme administrator are taken out of self-assessment by S9(1A) Taxes Management Act 1970. Any tax charged on a scheme administrator of a registered pension scheme by provisions contained in Part 4 of Finance Act 2004 (RPSM04301020 lists the possible charges) must be accounted for by that administrator on the Accounting for Tax by Scheme Administrator return (see RPSM04300010).
