PSI4.4.5 - Free Standing AVC Schemes (FSAVCSs): Tax Relief

(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)

Tax relief on contributions to FSAVCSs is not to be given through the net pay arrangement. Instead, the employee obtains tax relief by paying contributions to the FSAVCS net of basic rate income tax and claims any higher rate tax relief direct from the Schedule E Inspector. The FSAVCS administrator may recover tax centrally from the Revenue. Any enquiries about these tax procedures should be referred to PP Section.

Contact: | Date issued: | Next review: