The Tax Credits (Miscellaneous Amendments) Regulations 2006 No. 766

Amendment of the Tax Credits (Definition and Calculation of Income) Regulations 2002

10.—(1) Regulation 5(1) (pension income) is amended as follows.

(2) At the end add—

“(n) any social security pension lump sum to which section 7 of the Finance (No. 2) Act 2005(1) applies; and

(o) any lump sum payment to which section 636B or 636C(2) of ITEPA applies.”.

(1)

2005 c. 22.

(2)

Sections 636B and 636C were inserted by paragraph 11 of Schedule 31 to the Finance Act 2004 (c. 12) and section 636B was amended by paragraph 59 of Schedule 10 to the Finance Act 2005 (c. 7).