AnnuitiesU.K.
595AnnuitiesU.K.
This section applies to any annuity acquired using funds held for the purposes of an approved personal pension scheme.
596Taxable pension incomeU.K.
If section 595 applies, the taxable pension income for a tax year is the full amount of the annuity received in that year.
597Person liable for taxU.K.
If section 595 applies, the person liable for any tax charged under this Part is the person receiving or entitled to the annuity.