SCHEDULES

SCHEDULE 24Restriction of deductions for employee benefit contributions

Deductions to which Schedule does not apply

8

This Schedule does not apply to any deduction that is allowable—

a

in respect of anything given as consideration for goods or services provided in the course of a trade or profession,

F1b

in respect of contributions under a registered pension scheme or a section 615(3) scheme,

c

in respect of contributions under a qualifying overseas pension scheme in respect of an individual who is a relevant migrant member of the pension scheme in relation to the contributions,

d

in respect of contributions under an accident benefit scheme,

e

under Schedule 4AA to that Act (approved share incentive plans),

f

under section 67 of the Finance Act 1989 (c. 26) (qualifying share ownership trusts), or

g

under Schedule 23 to this Act (relief for employee share acquisition).