Approved Profit Sharing Scheme (APSS) Trust Deed template
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Use this Approved Profit Sharing Scheme (APSS) Trust Deed to establish the trust and outline the rules and administration of the scheme.
- 2 pages / 406 words
- Instantly download as Word / PDF / plain text
- Suitable for worldwide use (but check local legislation)
- Includes 12 months’ access, with all updates to this page provided free of charge and notified to you.
Approved Profit Sharing Scheme (APSS) Trust Deed
Approved Profit Sharing Scheme (APSS) Trust Deed
Between:
[Your Company Name] (hereinafter referred to as the "Company")
And:
[Name of the Trustee] (hereinafter referred to as the "Trustee")
Date of Trust Deed: [Date]
1. Background
1.1 This Trust Deed establishes the [Your Company Name] Approved Profit Sharing Scheme ("APSS") Trust (hereinafter referred to as the "Trust") in accordance with the provisions of the Income Tax (Earnings and Pensions) Act 2003 (ITEPA 2003) and other applicable laws and regulations.
2. Purpose and Objectives
2.1 The primary purpose of the Trust is to hold and manage the assets allocated to the APSS in accordance with the scheme rules and provisions.
2.2 The objectives of the Trust include:
a. To provide eligible employees of [Your Company Name]
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This Approved Profit Sharing Scheme (APSS) Trust Deed template aims to offer you a versatile and customisable tool, serving as a solid foundation for your needs. Utilise it to ensure consistency, enhance accuracy, and save valuable time.
Adapt it to suit your unique requirements, ensuring efficiency and effectiveness in your HR processes.
Frequently Asked Questions
Frequently Asked Questions
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Can I use this Approved Profit Sharing Scheme (APSS) Trust Deed template for small businesses?
Yes. The Approved Profit Sharing Scheme (APSS) Trust Deed template is designed to be flexible and suitable for organisations of all sizes, including small businesses and charities. It follows UK employment law best practice, so even if you don't have an in-house HR team, you can confidently apply it.
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Is this Approved Profit Sharing Scheme (APSS) Trust Deed template compliant with 2025 UK employment law?
Absolutely. All templates are drafted with the latest ACAS guidance and UK employment legislation in mind. We review and update them regularly, so you can be confident they remain compliant.
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Can I customise this Approved Profit Sharing Scheme (APSS) Trust Deed template for my organisation?
Yes, we highlight the areas that you need to update with your own details, and where you need to make decisions to suit your situation. This saves you time and ensures that you meet best practice.
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Do I get instant access to the Approved Profit Sharing Scheme (APSS) Trust Deed template?
Yes. Once purchased, you'll be able to download the Approved Profit Sharing Scheme (APSS) Trust Deed template instantly. Templates are provided in editable Word or Excel format so you can customise them easily, and in PDF format for easy sharing.
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What if I need a full HR toolkit, not just the Approved Profit Sharing Scheme (APSS) Trust Deed template?
If you're looking for broader support, we also offer toolkits and library bundles that include the Approved Profit Sharing Scheme (APSS) Trust Deed template along with other HR templates and policies for fully managing your situation. These may be more cost-effective if you need a complete HR library.
