PSI2.1.12 - Taxation Background: General - Net Pay Arrangement - Large Single Premiums

(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)

(This text has been withheld because of exemptions in the Freedom of Information Act 2000)

Large irregular contributions may still be dealt with under the net pay arrangement, even where a payment exceeds that month's pay. It can be deducted from the pay to date and if necessary from later payments in the same tax year. Failing that, the Schedule E Tax District will arrange for relief to be given by repayment.