PENSION COMMENCEMENT LUMP SUM

Related Commentary  Related HMRC Manuals

1(1)  For the purposes of this Part a lump sum is a pension commencement lump sum if–

(a)[Omitted by FA 2011, s. 65 and Sch. 16, para. 24(2)(a),]

(aa)the member becomes entitled to it either–

(i)in connection with becoming entitled to a relevant pension (or dies after becoming entitled to it, but before becoming entitled to the relevant pension in connection with which it was anticipated that the member would become entitled to it), or

(ii)in connection with a trivial commutation lump sum within paragraph 7A,

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