The Employer-Financed Retirement Benefits (Excluded Benefits for Tax Purposes) Regulations 2006
These Regulations prescribe a lump sum benefit as an excluded benefit if it meets the following conditions. The conditions are that—it is paid by an employer-financed retirement benefit scheme in respect of an employee’s non-accidental death in service, andpayment of such a lump sum benefit is already provided for under the rules of the scheme on 6th April 2006.