Get Apss251 2020-2025

The Apss251 form is a crucial document for scheme managers to notify HM Revenue & Customs (HMRC) about a qualifying recognized overseas pension scheme. Completing this form correctly is essential to ensure compliance with tax regulations and to maintain the recognized status of the pension scheme.

Follow the steps to complete the Apss251 online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Provide the details regarding whether this is a new QROPS notification or a renewal of an existing one. If it is a renewal, enter the QROPS reference number.
3. Fill in the pension scheme name and select the type of scheme by ticking the appropriate box, ensuring only one option is chosen.
4. Include the address of the pension scheme and the country where it is established.
5. Indicate the name and contact address of the scheme’s regulator, as applicable.
6. State the date of establishment for the pension scheme using the format DD MM YYYY.
7. Enter the scheme reference number provided by the regulator.
8. Tick the relevant statement if the scheme is established in a member state of the European Communities (excluding the UK), Norway, Iceland, or Liechtenstein.
9. For unregulated pension schemes, confirm whether the scheme rules require at least 70% of UK tax-relieved funds to provide an income for life, and that benefits cannot be accessed before the normal minimum pension age unless under specific circumstances.
10. Complete the section regarding tax recognition conditions, including whether the scheme is approved by the tax authorities in its country and any applicable conditions.
11. Provide the name and contact details for the tax authority associated with the pension scheme.
12. Indicate whether there is tax relief available for benefits paid to members outside of the country where the scheme is established, and include any relevant tax legislation sections.
13. Identify if the scheme is a public service scheme and whether tax relief is available to residents and non-residents.
14. Fill in the details about the scheme manager, including their name, legal status, and contact information.
15. Indicate whether the scheme's name can be published on the HMRC website, selecting yes or no.
16. Complete the declaration by confirming all statements and signing the form with your name and date.
17. Finally, save your changes, and download or print the completed Apss251 form, ready for submission.

Complete your Apss251 form online to ensure compliance and maintain your pension scheme's recognized status.