Tax returns and managing pensions accounts

We have run the Pension Summary report, for all your clients, to show the pension income received and gross contributions for the 2024/25 tax year. This information may be useful for tax returns and managing pension accounts such as calculating carry forward.

The report can be accessed by logging into the platform and selecting ‘Firm’ from the left-hand menu, then ‘Reporting Services’. The report is listed under ‘Pension Summary’ and dated 5 April 2025. Transactions made on 5 April 2025 may not be included. Please contact us if you need details of these.

Copies of clients’ annual tax vouchers for 2024/25 will be available online from mid-April 2025 so you can see what income payments they have received. You also have access to the Annual Distribution Summary report via our Reporting Services.

Here is a guide designed to help your clients understand the tax voucher and the information it contains. It shows the various types of income your clients' investments have produced and any tax we may have deducted.

The ADS provides the information from all your clients’ tax returns in one document. You can easily filter out a particular client and it shows essentially the same information contained in the Annual Tax Voucher. To access the report please log into the platform and select 'Reporting Services' under 'Firm' on the blue left-hand toolbar.

Every year we provide clients with an annual pension benefit statement that includes a summary of how their accounts have changed over the previous tax year and how they might grow in the future.

They can be found in your clients’ online documents, marked as ‘Statement & Valuation’, indexed against their pension account number. 

Scheme Pays can be a complicated area. In this guide, Paul Squirrell, our pension expert, provides further details on calculating a client’s annual allowance charge, including two case studies.

A client should use this form to pay the annual allowance charge if they have exceeded their annual allowance, tapered annual allowance or money purchase annual allowance.