(This archived guidance relates to HMRC discretionary
practice before the 6th April 2006. For current guidance on
Registered Pension Schemes see the Registered Pension Schemes
Manual)
[PN Part 23]
An ex-gratia payment made on or in connection with an
employee's death or retirement from an office or employment is a
"relevant benefit" as defined in section 612 ICTA 88. The
arrangement for paying the "relevant benefit" will constitute a
retirement benefits scheme. (But see
PSI1.2.8 for ex-gratia payments which
are
not relevant benefits).
