Taxation of Pensions Act 2014
Taxation of Pensions Act 2014 (2014 c. 30)
- Taxation of Pensions Act 2014 (2014 c. 30)
- 1 Provision for pension flexibility etc
- 2 Restriction and reduction of tax charges on certain lump sums
- 3 Death of pension scheme member
- 4 Citation, interpretation and consequential amendments
- SCHEDULES
- SCHEDULE 1 Pension flexibility etc
- Part 1 Drawdown pensions
- Annual cap on pension drawdown abolished for flexi-access drawdown funds
- Flexi-access drawdown funds
- Further drawdown amendments
- Related amendment in the Pension Benefits Regulations 2006
- Related amendment in Part 9 of ITEPA 2003
- Repeal and revocation of provisions relating to pre-6 April 2015 flexible drawdown
- Related amendments in regulations
- Part 2 Annuities
- Reduction of restrictions on new annuities
- Further annuities amendments
- Consequential amendment
- Part 3 Pension payments out of uncrystallised funds
- Definitions etc
- Related amendments in Part 9 of ITEPA 2003
- Part 4 Annual allowances
- Basic structure of the annual allowance charge
- Annual allowance charge where rights have been flexibly accessed
- Further amendments
- Part 5 Miscellaneous amendments
- Pension commencement lump sums
- Trivial commutation lump sums and small pot lump sums
- Trivial commutation lump sum death benefits
- Winding-up lump sum death benefit
- Early lifetime annuities
- Individuals who on 5 April 2006 had actual right to payment of pensions
- Transfers between schemes of funds held in respect of individual who has protected pension age
- Power to make certain payments
- Temporary non-residence
- Regulations about the effects of certain authorised payments
- Part 6 Provision of information
- Part 7 Overseas pensions
- SCHEDULE 2 Death of pension scheme member
- Part 1 Death benefits: nominees and successors
- Drawdown benefits for nominees and successors of deceased scheme members
- Nominees and successors: further drawdown amendments
- Nomination of charities by nominees and successors of deceased scheme members
- Related amendments in regulations
- Part 2 Lump sum death benefits
- Special lump sum death benefits charge
- Uncrystallised funds lump sum death benefit
- Commencement
- Part 3 Uncrystallised rights at member's death
- Part 4 Income tax on beneficiaries' income withdrawal
Feedback