207 Authorised surplus payments charge
Finance Act 2004 (2004 c 12) | Legislation

207  Authorised surplus payments charge

(1)     A charge to income tax, to be known as the authorised surplus payments charge, arises where an authorised surplus payment is made to a sponsoring employer by an occupational pension scheme that is a registered pension scheme.

(2)     The person liable to the authorised surplus payments charge is the scheme administrator.

(3)     The scheme administrator is liable to the authorised surplus payments charge whether

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