Today sees the release of the latest version of the Altus Pensions Gateway (APG).
The Altus Pensions Gateway (APG) offers a comprehensive pension payroll and tax reporting solution dedicated to the needs of pension and annuity administrators. Specifically designed to cater for pension freedoms, APG supports flexible payment schedules across multiple product types, employers, and administration functions.
This latest version of APG offers a range of exciting new features, including the new capability for users to manually update tax records, enhancements to tax account closure on triviality and small pot payments and enhanced data security.
APG is updated each year to remain in compliance with the changes published with HMRC, ensuring that all calculations and submissions made after the start of the new Tax Year are correct and accepted by the service.
