Income tax – Pensions – Late notification of claim for enhanced protection – Whether reasonable excuse – No – Appeal dismissed – Registered Pension Schemes (Enhanced Lifetime Allowance) Regulations 2006 (SI 2006/131) (the ‘ELA Regulations’), reg. 4, 12.
The First-tier Tribunal (FTT) decided that the taxpayers did not have a reasonable excuse for the late notification of their claims for enhanced protection of their pensions against the lifetime allowance charge.
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