Eight month backlog on GMP file reconciliation at HMRC
There is an eight month backlog to process guaranteed minimum pension (GMP) data at HM Revenue and Customs (HMRC) according to Hymans Robertson.
The firm sent data from a client to HMRC but received a notification on 22 November which reveals the pressure the department is under. HMRC told Hymans Robertson files being submitted via the GMP...
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