Finance Act 2014 (c. 26)

SCHEDULES

SCHEDULE 6 U.K. Transitional provision relating to new standard lifetime allowance for the tax year 2014-15 etc

Modifications etc. (not altering text)

C1 Sch. 6 applied (S.) (1.6.2018) by The Local Government Pension Scheme (Scotland) Regulations 2018 (S.S.I. 2018/141), regs. 1(1), 48(2)

PART 3 U.K. Other provision

Amendment of section 219(5A) of FA 2004 U.K.

10 (1) In section 219 of FA 2004 (availability of individual's lifetime allowance) in subsection (5A) after “effect” insert “ where the previous benefit crystallisation event occurred before 6 April 2014 ”. U.K.

(2) The amendment made by this paragraph is treated as having come into force on 6 April 2014.

Amendment of section 98 of TMA 1970 U.K.

11 (1) Column 2 of the Table at the end of section 98 of TMA 1970 (special returns: penalties) is amended as follows. U.K.

(2) After the entry for section 228 of TIOPA 2010 insert—

“Regulations under paragraph 16 of Schedule 18 to the Finance Act 2011.”

(3) After the entry for regulations under section 61(5) of FA 2012 insert—

“Regulations under paragraph 3 of Schedule 22 to the Finance Act 2013.

Regulations under paragraph 8 of Schedule 6 to the Finance Act 2014.”