Term used in Practice Notes (IR12) to denote annual contributions payable to an occupational pension scheme by the employer on a common basis, e.g. a fixed amount or a fixed percentage of the payroll. Compare with special contributions.
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Term used in Practice Notes (IR12) to denote annual contributions payable to an occupational pension scheme by the employer on a common basis, e.g. a fixed amount or a fixed percentage of the payroll. Compare with special contributions.