RPSM04304070 - Scheme Administrator Pages: Taxation: Repayments: What happens if a repayment is due and a scheme is to be wound up?

What happens if a repayment is due and a scheme is to be wound up?

You should ensure that you have received the repayment prior to the scheme being wound up. Making the repayment to some other person after the scheme has been wound up could mean that an unauthorised payment is made. Such a payment would be subjected to the unauthorised payment charges. For further information see RPSM04104010.