Part II Income Tax, Corporation Tax and Capital Gains Tax
CHAPTER I General
Receipts basis etc.
C141 Schedule E: pensions etc.
1
This section applies in relation to the following pensions and other benefits—
a
a pension, stipend or annuity chargeable to income tax under Schedule E by virtue of paragraph 2, 3 or 4 of section 19(1) of the Taxes Act 1988;
b
a pension or annual payment chargeable to income tax under Schedule E by virtue of section 133 of that Act (voluntary pensions);
c
income support chargeable to income tax under Schedule E by virtue of section 151 of that Act;
d
a pension chargeable to income tax under Schedule E by virtue of section597 of that Act (retirement benefit schemes);
e
a benefit chargeable to income tax under Schedule E by virtue of section617(1) of that Act (social security benefits).
2
As regards any particular year of assessment income tax shall be charged on the amount of the pension or other benefit accruing in respect of the year; and this shall apply irrespective of when any amount is actually paid in respect of the pension or other benefit.
3
This section shall apply where the year of assessment mentioned in subsection (2) above is 1989-90 or a subsequent year of assessment.