http://www.legislation.gov.uk/uksi/2024/335/article/1/made

The Authorised Surplus Payments Charge (Variation of Rate) Order 2024

King's Printer of Acts of Parliament

2024-03-11

INCOME TAX

This Order amends section 207(4) of the Finance Act 2004 to reduce the authorised surplus payments charge from 35% to 25%. This reduces the charge to income tax which is imposed when an authorised surplus payment is made to a sponsoring employer by an occupational pension scheme that is a registered pension scheme.