http://www.legislation.gov.uk/uksi/2012/1258/contents/made

The Finance Act 2004, Section 180(5) (Modification) Regulations 2012

Income tax

Tax

en

King's Printer of Acts of Parliament

2018-03-02

INCOME TAX

These Regulations modify the application of section 180(5)(b) of the Finance Act 2004 (“FA 2004”) to a pension scheme established under section 67 of the Pensions Act 2008 (“PA 2008”). Regulation 2 has retrospective effect in relation to any payments made on or after 6th April 2012 pursuant to the power contained in section 70(4) of the Finance Act 2012. Regulation 2 is wholly relieving and will not therefore increase any person’s liability to tax.