PSI3.2.7 - Membership of Schemes: Proprietors, Partners and Other Persons Assessed under Schedule D - Proprietors and Partners - Employee Becoming A Partner

(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)

An employee who becomes a partner or proprietor must be treated as having left service. The normal options under the scheme's leaving service rule are available and such an individual can be given a refund of his or her own contributions or deferred benefits as appropriate.

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