Employers' contributions to Registered Pension

Guidance on the deduction in computing trading profits for employers' contributions to pension schemes, after 6 April 2006, will be in the Business Income Manual (at BIM46000 onwards) rather than the Registered Pension Schemes Manual.

HMRC thanks all those who provided feedback on the draft guidance that was issued on 17 January.

The following draft guidance (PDF 96K) has been expanded to cover issues raised in the feedback.

The final version will be published in the Business Income Manual. There may be some changes in the version in the BIM, for example in the page numbering.

Guidance on the deduction in computing profits for employer's contributions to pension schemes by Investment Companies will be published shortly.

Any queries about specific cases should be addressed to the Tax Office dealing with the CT/IT affairs of the employer.