Part 3Lump sums for UK residents from foreign pension schemes

Relief from tax under Part 9 of ITEPA 2003 not to give rise to tax under other provisions

13(1)In section 393B(2)(a) (tax on benefits under employer-financed retirement benefit schemes: “relevant benefits” do not include benefits charged to tax under Part 9), after “646E” insert “or any deductions under section 574A(3)”.

(2)The amendment made by this paragraph has effect in relation to benefits by way of lump sums paid on or after 6 April 2017.

SCHEDULES

SCHEDULE 3Overseas pensions

Part 3Lump sums for UK residents from foreign pension schemes

Relief from tax under Part 9 of ITEPA 2003 not to give rise to tax under other provisions