SSAS update

The Budget: small change, big impact

In the Budget delivered on 30 October 2024, the Chancellor announced some substantial revenue raising changes. However, most of these avoided impacting pensions, with one significant exception.

In this update we look at:

• Announcements in the Budget
• HMRC online services – migration to the “Managing Pension Schemes” service – Action required
• Regulatory reporting requirements 2023/24

Speak to our experts Peter Clarke or Patrick Moriarty for more information.