Free Standing Additional Voluntary Contribution (FSAVC)
Pension scheme providers provide their members with certificates that shows the amount of surplus funds, plus tax refunded to them upon leaving pensionable employment or on retirement. You should use this information to complete the FSAVC Surpluses refunded section.
How to enter Refunds from a FSAVC
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Open the FSAVC section.
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Click
in Provider Name to link to a pension provider or manually enter the provider name. -
(Optional) Enter the Contract number.
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Enter the total amount refunded excluding tax in Gross of surplus repaid.
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Click Save and Close.