SE15090 - Non-approved retirement benefits schemes: contributions made by employee

Contributions made by an employee to a non-approved 'retirement benefits scheme':

• are not assessable on the employee and
• do will not qualify for tax relief. The only exception to this is in relation to a scheme which that has received 'corresponding approval' status from IR SPSS (Nottingham). See SE32661
• do not give rise to a charge under Section 596A ICTA 1988 (other than a pension). See example SE15426