PSI15.1.6 - Overseas Employers and Overseas Employees: Overseas Employers with UK Based Employees - Foreign Schemes Section Advice - Full Approval

(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)

[PN15.2]

The overseas employer may require that its scheme (or its participation in a centralised scheme for associated employers (see PSIPart 21 PSI21.1.1)) should be wholly approved, in which case eligibility for membership must be restricted to employees who are effectively chargeable to tax under Case I or II of Schedule E or who are working temporarily abroad (see PSI15.2.4-5). Benefits granted by such a scheme must relate only to periods of service whilst this membership criterion is satisfied. Form PS262 is a draft rule amendment which if adopted will enforce these restrictions.

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