C1C3C4C2C5Part 4Pension schemes etc

Annotations:
Modifications etc. (not altering text)

C3C4C2C5Chapter 5Registered pension schemes: tax charges

Annual allowance charge

I1C3C4C2C5229C3C4C2C5Total pension input amount

1

The total pension input amount is arrived at by aggregating the pension input amounts in respect of each arrangement relating to the individual under a registered pension scheme of which the individual is a member.

2

The pension input amount in respect of an arrangement—

a

is the amount arrived at under sections 230 to 232 if it is a cash balance arrangement,

b

is the amount arrived at under section 233 if it is any other sort of money purchase arrangement,

c

is the amount arrived at under sections 234 to 236 if it is a defined benefits arrangement, and

d

is the amount arrived at under section 237 if it is a hybrid arrangement.

3

But there is no pension input amount in respect of an arrangement if, before the end of the tax year, the individual—

a

has become entitled to all the benefits which may be provided to the individual under the arrangement, or

b

has died.