RPSM04104030 - Technical Pages: Taxation: Unauthorised payments: Overview: What is an Unauthorised payment?
What is an unauthorised payment?
| [s160] |
An unauthorised payment to or in respect of a person who is or has been a member or sponsoring employer is a payment that is neither
- an authorised member payment, nor
- an authorised employer payment.
Payment in this context has a broad meaning. More information on
the meaning of payment can be found at
RPSM04104060.
Unauthorised payments fall into two categories,
- unauthorised member payments, and
- unauthorised employer payments.
RPSM04104040 and RPSM04104050 give more information on what are unauthorised member payments and unauthorised employer payments respectively.
| Glossary ( RPSM20000000) |
