Related Commentary  Related HMRC Manuals

196(1)  This section makes provision about an employer's entitlement to relief in respect of contributions paid by the employer under a registered pension scheme in respect of any individual.

196(2)  For the purposes of Part 2 of ITTOIA 2005 or Part 3 of CTA 2009 (trading income)–

(a)the contributions are to be treated as not being payments of a capital nature to the extent that they otherwise would be, and

(b)if they are allowed to be deducted in computing the amount of the profits of the employer, they are deductible in computing the amount of the profits for the period of account in which they are paid.

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