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International Restructuring Newswire
Welcome to the Q2 2025 edition of the Norton Rose Fulbright International Restructuring Newswire.
PPF levy deadlines for 2024/25
United Kingdom | Publication | February 2024
The general submission deadline for taking action to minimise the 2024/25 PPF levy is midnight on March 31, 2024. Schemes should note that this is Easter Sunday and the Friday before is a bank holiday, meaning action will need to be taken in advance of the deadline.
This includes the submission of scheme returns and electronic contingent asset certificates to the Regulator, and of asset backed contribution certificates and special category employer applications to the PPF.
Supporting documents for contingent assets must be emailed to the PPF before 5pm on April 2, 2024.
To be reflected in the scheme levy, deficit reduction contributions must have been certified on the Regulator's Exchange system by 5pm on April 30, 2024.
Full block transfers should be certified with the Regulator before 5pm on June 30, 2024.
The full list of deadlines is available on the PPF website.
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Upcoming deadlines for complying with federal pay equity legislation
Another compliance deadline is approaching under the federal Pay Equity Act – federally regulated employers are required to file an annual statement with the Office of the Pay Equity Commissioner on or before June 30, 2025, if they posted a pay equity plan in the previous year.
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