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StatuteIncome Tax (Earnings and Pensions) Act 2003

Section 637B — Income Tax (Earnings and Pensions) Act 2003: Pension commencement excess lump sums

Text of the provision Official document

Pension commencement excess lump sums 637B A person to whom a pension commencement excess lump sum is paid under a registered pension scheme is treated as having taxable pension income for the tax year in which the payment is made equal to the amount of the lump sum.

Official source: legislation.gov.uk

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Statutory text from an official public source. Informational content — does not replace advice from a qualified solicitor.