PSI3.3.17 - Membership of Schemes: Directors - Directors and Employees of A Service Company Associated With A Partnership

(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)

Partners who are directors or employees of the service company are paid remuneration in addition to their share of partnership profits. As partners they cannot be members of an approved scheme so they may set up a scheme for employees of the service company for which they would be eligible. Following the procedure in PSI22.3.18in such cases.

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