Section 565 — Income Tax (Earnings and Pensions) Act 2003: Structure of Part 9

Structure of Part 9 565 The structure of this Part is as follows— Chapter 2—

a imposes the charge to tax on pension income, and b provides for deductions to be made from the amount of income chargeable; Chapters 3 to 15 set out the types of income which are charged to tax under this Part and, for each type of income, identify—

a the amount of income chargeable to tax for a tax year, and b the person liable to pay any tax charged; Chapter 15A—

a provides for certain amounts paid under registered pension schemes in the form of lump sums to be subject to the charge to tax on pension income, and b deals with exemptions from the charge to tax (whether under this Part or any other provision) in relation to certain other amounts paid under registered pension schemes in the form of lump sums.