Part 4U.K.Pension schemes etc

Chapter 5U.K.Registered pension schemes: tax charges

[F1High income excess relief chargeU.K.

Textual Amendments

F1Ss. 213A-213P and cross-heading inserted (with effect for tax year 2011-12 and subsequent tax years in accordance with Sch. 2 para. 5 of the amending Act) by Finance Act 2010 (c. 13), Sch. 2 para. 2; which insertion fell without ever having effect as a result of the repeal (10.12.2010) of the affecting provision by The Finance Act 2010, Section 23 and Schedule 2 (High Income Excess Relief Charge) (Repeal) Order 2010 (S.I. 2010/2938), arts. 1, 2

213BHigh incomeU.K.

An individual has a high income for a tax year if—

(a)the individual's gross income for the tax year is £150,000 or more, and

(b)the individual's relevant income for the tax year is not less than £130,000.]