HMRC will lower the threshold for requiring evidence for new relief claims
HM Revenue & Customs (HMRC) will increase evidence requirements for higher rate or additional rate relief claims from 1 September.
In its latest pension schemes newsletter, the tax authority said that, from the start of next month, it would be lowering the threshold for requiring evidence in support of new requests for higher rate or additional rate relief claims to be given through an individual's tax code for the current year.
HMRC said that, as a result, some individuals may be asked to provide evidence where it would not previously have been required.
In addition, HMRC said telephone requests would no longer be accepted for personal pension relief claims – noting that individuals must now submit claims online or by letter.
It said it did not expect there to be any changes to scheme processes as part of this move but warned these updates "may lead to increased enquiries" as individuals adjust to the new requirements.
HMRC added guidance on how to claim tax relief on private pension payments will be updated when the change takes effect.
