Part 9U.K.Pension income

Chapter 1U.K.Introduction

565Structure of Part 9U.K.

The structure of this Part is as follows— Chapter 2—

(a)imposes the charge to tax on pension income, and

(b)provides for deductions to be made from the amount of income chargeable;

Chapters 3 to 15 set out the types of income which are charged to tax under this Part and, for each type of income, identify—

(a)the amount of income chargeable to tax for a tax year, and

(b)the person liable to pay any tax charged;

[F1Chapter 15A—

(a)provides for certain amounts paid under registered pension schemes in the form of lump sums to be subject to the charge to tax on pension income, and

(b)deals with exemptions from the charge to tax (whether under this Part or any other provision) in relation to certain other amounts paid under registered pension schemes in the form of lump sums.]