(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)
Approval of a retirement benefits scheme is solely the
responsibility of the PSO. We are also involved in post-approval
work relating to the continued approval of the scheme, such as
examining actuarial reports and certain rule amendments. But the
general responsibility for obtaining returns, dealing with claims
for tax relief and assessment of tax is a matter for the Tax
Districts. Section 1 of this Part deals with the types of income,
tax reliefs and liabilities of self-administered and insured
schemes; Section 2 is concerned with the taxation of payments to
scheme members and Section 3 deals with payments to the
employer.
