– see also Termination payments

Armed forces early departure scheme

Legislation/Regulatory – ITEPA2003 s. 640A

Authorised benefit payments

Administrative errors, small lump sum payments

Commentary – 7.10.2

Lifetime allowance

Commentary – 7.9

Refund of excess contributions

Commentary – 7.69.4.3

Relevant lump sums

Commentary – 7.1

Rules

Commentary – 4.1.34.12.17.1

Scheme administration payments

Commentary – 7.11.17.11.5

Short service

Commentary – 7.59.4.3

Small lump sums (small pots)

Commentary – 7.10.1

Trivial commutation

Commentary – 7.7

Uncrystallised funds pension lump sum

Commentary – 7.4

Winding-up

Commentary – 7.8

Authors

– see Authors

Capital or income receipt, assignment of future rent

Case Law – John Lewis Properties plc v IR Commrs (2000) Sp C 255 ; John Lewis Properties plc v Inland Revenue Commissioners. [2003] BTC 127 ; [2001] BTC 127

Commencement of service contracts

Commentary – Tax Reporter ¶213-800

Compensation

Loss of commission

Case Law – McGregor (H.M. Inspector of Taxes) v. Randall; McGregor (H.M. Inspector of Taxes) v. Gillett. [1984] BTC 111

Loss of rights under redundancy scheme

Case Law – Mairs (HM Inspector of Taxes) v. Haughey. [1992] BTC 373 ; Mairs (HM Inspector of Taxes) v. Haughey. [1993] BTC 339

Compensation and damages

– see Compensation and damages

Death

Commentary – Tax Reporter ¶436-000
HMRC Guidance – EIM21801

Death benefits

Annuity protection

Commentary – 5.9.5

Charity, paid to

Commentary – 5.9.7

Defined benefit

Commentary – 5.9.2

Drawdown

Commentary – 5.9.6

Inheritance tax

– see Inheritance tax

Life cover

Commentary – 5.9.9

Pension protection

Commentary – 5.9.4

Rules

Commentary – 5.25.9

Trivial commutation

Commentary – 5.9.8

Types of

Commentary – 5.9.1

Uncrystallised

Commentary – 5.9.3

Doctors or dentists contribution refunds

Commentary – 2.3.10

Employees

Inducement or compensation

Case Law – Glantre Engineering Ltd. v. Goodhand (H.M. Inspector of Taxes). [1982] BTC 396

Withdrawal of cars

Case Law – Bird (H.M. Inspector of Taxes) v. Martland. Bird (H.M. Inspector of Taxes) v. Allen. [1982] BTC 259

Exclusivity agreements

Commentary – Tax Reporter ¶220-400 ; Tax Reporter ¶708-690
HMRC Guidance – BIM40300 ; BIM40305
Case Law – BRITISH DYESTUFFS CORPORATION (BLACKLEY), LTD. v. THE COMMISSIONERS OF INLAND REVENUE. ; Commissioners of Inland Revenue v. Coia ; Evans (H.M. Inspector of Taxes) v. Wheatley ; McClymont & Anor v Jarman (HMIT) ; McLaren (H.M. Inspector of Taxes) v. Needham ; THOMPSON (H.M. INSPECTOR OF TAXES) v. MAGNESIUM ELEKTRON, LTD. ; Walter W. Saunders, Ltd. v. Dixon (H.M. Inspector of Taxes)

Finance leases

– see Finance leases

Golden handshakes

– see Termination payments

Golden hellos

– see Golden hellos

Inducement payments

– see Inducement payments

Lifetime allowance

Commentary – 3.54.12.27.9

Long service awards

Commentary – Tax Reporter ¶437-800

Matrimonial Causes Act 1973, orders for payments

Legislation/Regulatory – IRInt. 219

Occupational pension schemes, non-approved schemes

Legislation/Regulatory – FA94 s. 108(7), (8)

Overseas pension schemes

Legislation/Regulatory – ESC A10

Partnerships, annuities

Legislation/Regulatory – SP 1/79

Pension commencement

Age 75

Commentary – 7.2.3

Allocation to another arrangement

Commentary – 7.2.2

Applicable amount

Commentary – 4.13

Artificially high lump sums

Commentary – 7.2.4

Available amount

Commentary – 4.13

Defined benefits

Commentary – 7.2.5

Generally

Commentary – Tax Reporter ¶389-510

Permitted maximum

Commentary – 4.137.2.1

Timing of

Commentary – 4.24.12.4

Pension schemes

– see Pension schemes

Personal representatives for copyright etc.

Legislation/Regulatory – ITTOIA2005 s. 254
HMRC Guidance – BIM47145 ; BIM90080 ; BIM90090 ; BIM90095

Protected

Increases with the lifetime allowance

Commentary – 4.14.5

Member specific

Commentary – 4.14.3

Scheme specific

Commentary – 4.14.4

Transition

Commentary – 4.14.111.6

Types of

Commentary – 4.14.2

Recycling of

Commentary – Tax Reporter ¶389-505

Recycling rule

Background

Commentary – 4.15.1

Conditions for

Commentary – 4.15.2

Costs of

Commentary – 4.15.4

Disclosure

Commentary – 4.15.5

Pre-planning

Commentary – 4.15.3

Redundancy payments

– see Redundancy payments

Refund of excess contributions

Commentary – 7.69.4.3

Registered pension schemes

– see also Registered pension schemes

Generally

Legislation/Regulatory – FA2007 Sch. 20, para. 20 ; IHTA84 s. 58(2A)

Reinvestment

Commentary – 4.2

Release from onerous obligations

Commentary – Tax Reporter ¶217-800 ; Tax Reporter ¶708-490
Case Law – 'COUNTESS WARWICK' STEAMSHIP COMPANY, LIMITED v. OGG (H.M. INSPECTOR OF TAXES). ; (1) ANGLO-PERSIAN OIL COMPANY, LIMITED v. DALE (H.M. INSPECTOR OF TAXES. (2) ANGLO-PERSIAN OIL COMPANY, LIMITED v. THE COMMISSIONERS OF INLAND REVENUE. ; (1) UNION COLD STORAGE CO., LTD. v. SIMPSON (H.M. INSPECTOR OF TAXES) (2) UNION COLD STORAGE CO., LTD. v. ELLERKER (H.M. INSPECTOR OF TAXES) ; COWCHER (H.M. INSPECTOR OF TAXES) v. RICHARD MILLS AND COMPANY, LTD. ; Commissioners of Inland Revenue v. William Sharp & Son ; Dain (H.M. Inspector of Taxes) v. Auto Speedways, Ltd. ; E.C.C. Quarries Ltd. v. Watkis (H.M. Inspector of Taxes) ; MALLETT (H.M. INSPECTOR OF TAXES) v. THE STAVELEY COAL AND IRON COMPANY, LIMITED. ; Strick (H.M. Inspector of Taxes) v. Regent Oil Co. Ltd. Commissioners of Inland Revenue v. Regent Oil Co. Ltd. ; Tucker (H.M. Inspector of Taxes) v. Granada Motorway Services Ltd. ; VAN DEN BERGHS, LIMITED v. CLARK (H.M. INSPECTOR OF TAXES) ; WEST AFRICAN DRUG CO., LTD. v. LILLEY (H.M. INSPECTOR OF TAXES)

Retirement annuities

Legislation/Regulatory – ESC A95

Retirement benefits

Commentary – Tax Reporter ¶436-000
Legislation/Regulatory – ESC A95
HMRC Guidance – EIM21801

Rules

Commentary – 4.1.3

Salary in lieu of notice

Case Law – Richardson (HM Inspector of Taxes) v Delaney. [2001] BTC 392

Sale of income stream

Commentary – Tax Reporter ¶220-170 ; Tax Reporter ¶708-645

Scheme administration payments

Definition

Commentary – 7.11.3

Employer payments

Commentary – 7.11.2

Futures and options, income from

Commentary – 7.11.5

Investment tax reliefs, extent of

Commentary – 7.11.5

Life assurance company funds

Commentary – 7.11.5

Member payments

Commentary – 7.11.1

Property investment limited liability partnerships

Commentary – 7.11.5

Shares in the sponsor

Commentary – 7.11.4

Stock lending fees

Commentary – 7.11.5

Trading

Commentary – 7.11.5

Underwriting commissions

Commentary – 7.11.5

Serious ill-health lump sum

Conditions to be met

Commentary – 4.3.27.3.1

Lifetime allowance

Commentary – 4.12.3

Pension age test

Commentary – 9.4.3

Reporting to HMRC

Commentary – 4.3.37.3.2

Tax charges

Commentary – 7.3.2

Using

Commentary – 4.3.4

Short service

Commentary – 7.59.4.3

Small lump sum payments

Administrative errors

Commentary – 7.10.2

Conditions for payment

Commentary – 7.10.1

Financial Services Compensation Scheme payments

Commentary – 7.10.3

Social security pensions

Legislation/Regulatory – F(No. 2)A2005 s. 7-9

Superannuation

Legislation/Regulatory – SP E3

Tax-free

Commentary – 1.6.4

Termination payments

– see Termination payments

Trivial and small

Commentary – 4.5.35.9.87.7

Unauthorised payments

Assignment of rights

Commentary – 7.12.1

De-registration charge

Commentary – 7.13.3

Death benefits, increase in

Commentary – 7.12.3

Generally

Commentary – 4.12.17.12

Increases in benefits

Commentary – 7.12.5

Liability for tax charge

Commentary – 7.13.3

Scheme sanction charge

Commentary – 7.13.3

Scope of payment

Commentary – 7.13.2

Surcharge

Commentary – 7.13.3

Surrender of benefits

Commentary – 7.12.2

Tax charges

Commentary – 7.13.1

Unallocated contributions

Commentary – 7.12.4

Uncrystallised funds pension lump sum

Commentary – 7.4

Winding-up lump sum

Pension age test

Commentary – 9.4.3