PSI5.3.27 - Contributions by Employers: Special Contributions - Allowance of Expenses of Establishing a Scheme

(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)

The employer will be allowed relief on the legal and other expenses of establishing and running an exempt approved scheme. The strict legal position is not altogether clear, but the treatment set out in PN 5.12 is a continuation of a long standing practice and has the Board's full authority. Therefore all such expenses, no matter when incurred, can be allowed in full for the year of payment.