This section has no associated Explanatory Notes
24U.K.In section 7(5) of F(No.2)A 2005 (charge to income tax on social security pension lump sum)—
(a)in paragraph (d), after “basic rate limit for that year” insert “ but does not exceed the higher rate limit for that year ”, and
(b)after that paragraph insert—
“(e)if P's Step 3 income for that year of assessment exceeds the higher rate limit for that year, the additional rate for that year.”