(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)
A scheme which is not set up under trust can only be "exempt"
approved if we make a direction under section 592(1)(b) ICTA 88.
The reasons for a direction under section 592(1)(b) ICTA 88 depend
on the background circumstances. We may direct that a scheme be
"exempt" approved so that employees can obtain expenses relief on
their contributions. In other cases the direction will enable us to
spread forward a special contribution by the employer.
