CIRD12630 - Core computational rules: deductible debits: general matters and adjustments for tax purposes: disallowance of expenditure: employer-financed retirement benefit schemes
CTA09/PART8/S865 (3)(d)
Debits that would otherwise be deductible under Part 8 are disallowed if they arise from expenditure in connection with an employer-financed retirement benefit scheme falling within FA04/S246 (2). Broadly an 바카라 사이트™employer-financed retirement benefits scheme바카라 사이트™ is defined (by ITEPA/S393A) as a scheme for the provision of benefits on an employee바카라 사이트™s retirement or death, see BIM46140 and EIM15010 onwards.
This rule may be in point where unapproved benefits are provided for company staff in a department responsible for the company바카라 사이트™s intangible assets and the expenditure falls within CIRD12250 (on the maintenance or enhancement of intangible fixed assets).
See CIRD12640 for the deferral of a deduction for debits relating to other expenditure on providing retirement benefits.