PSI2.3.8 - Taxation Background: Chapter I Part XIV ICTA 88 - Section 590(4a)


(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)

Section 590(4A)
allows schemes submitted for mandatory approval to meet their obligations under social security law. (Prior to Finance Act 1991 there was inconsistency between tax and social security legislation).