Part 9 ITEPA 2003

An annuity is a periodical payment that may be paid under an obligation or voluntarily. Certain annuities are specifically charged to tax as pension income. Guidance about the different categories of annuity chargeable as pension income and the provisions in ITEPA 2003 that tax each category is given under the following headings. See EIM74101 for how to find the taxable pension income for a tax year.

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