PSI5.3.4 - Contributions by Employers: Special Contributions - Notification of Special Contributions
(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)
[PN5.7]
Special contributions should be notified to this Office:-
- where the special contribution exceeds one half of the permitted maximum in a chargeable period, and
- it also exceeds the employer's total ordinary annual contributions to the scheme in the same chargeable period.
Special contributions made below this threshold or made for cost of living increases to pensions in payment need not be reported whatever their size. (See PSI22.4.32-36 for procedures).
