Meaning approved scheme
What does approved scheme mean? Here you find 2 meanings of the word approved scheme. You can also add a definition of approved scheme yourself
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approved schemeThe term used until recently by HMRC to describe those schemes meeting the requirements which entitle them to the tax privileges associated with pension funding. Now known as registered schemes.
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approved schemeA pension scheme that is approved by the Inland Revenue under the relevant legislation. Members and their employers are able to obtain certain tax advantages in respect of contributions [..]
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