RPSM05400110 - Employer Pages: Contributions and tax relief: Payments to employers: Authorised surplus payments

Authorised surplus payments

What is an authorised surplus payment?

A payment by a registered pension scheme that is an occupational pension scheme to or in respect of a sponsoring employer is an authorised surplus payment if it is of a description prescribed by regulations made by HMRC. The payment of surpluses to employers is regulated by DWP regulations.

Is an authorised surplus payment liable to be taxed?

The taxation of authorised surplus payments is explained at RPSM04102030.