Chapter 2 of Part 6 of the Income Tax (Earnings and Pensions) Act 20031 applies to relevant benefits2 provided under an employer-financed retirement benefits scheme3, which is a scheme for the provision of benefits consisting of or including relevant benefits to or in respect of employees or former employees of an employer4. However, neither a registered pension scheme5 nor a section 615(3) scheme6 is an employer-financed retirement benefits scheme7.
If a benefit to which Chapter 2 of Part 6 applies is received by an individual, the amount of the benefit8 counts as employment income of the individual for the relevant
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234