HMRC Business Income Manual

HMRC produce a number of manuals for their staff. The guidance contained in this manual is not comprehensive nor will it provide a definitive answer in every case.

This section of the manual deals with the deductions which can be made in calculating trade profits for contributions to pension schemes by employers. The guidance applies to contributions made on or after 6 April 2006 and covers registered pension schemes and employer-financed retirement benefit scheme.

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The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.