Hi Venkatasatish,
There are a number of factors that would need to be taken into account for a definitve answer on this.
Please refer to Overseas pension schemes can take many forms and structures and we are unable to provide generic advice as to whether an employer contribution is taxable as employment income or not.
Where an employer makes employer pension contributions there are a number of tax provisions that can apply to exempt those contributions being treated as employment income for the individual:
S307 ITEPA 2003 - provision made by an employee's employer under a registered pension scheme or otherwise for a retirement or death benefit
EIM21800 - Benefits: pension provisions refers.
S308 ITEPA 2003 - contributions under a registered pension scheme:
EIM01570 - Employment income: Registered pension schemes: employer's contributions
S308A ITEPA 2003 - contributions under a qualifying overseas pension scheme where additional conditions are met:
EIM01570 - Employment income: Registered pension schemes: employer's contributions
Employer contributions can also fall within Part 7a where there are third party arrangements:
EIM45000 - Employment income provided through third parties: overview, general approach: contents
If you still unsure you will need to contact us direct on 0300 200 3310 or speak to a financial adviser.
Thank you.