Commentary

E1.533 Certification, withdrawal and variation of arrangements

Personal and employment tax

E1.533 Certification, withdrawal and variation of arrangements

E1.533 Certification, withdrawal and variation of arrangements

The exemption for SAYE interest applies only to interest payable under a certified SAYE savings arrangement1. A linked savings arrangement is certified if it is certified by HMRC as a linked savings arrangement and, in the case of an institutional arrangement, as meeting such further requirements as the HMRC may specify2. These may relate to the descriptions of individuals who may enter into contracts under an arrangement, the contributions to be paid by them and the sums to be paid or repaid to them3.

Different requirements may be set for bank arrangements, building society

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