EIM15124 - Non-approved and employer-financed retirement benefits schemes: receipts excluded from charge: small lump sums where no other pension scheme

Statement of Practice 13/1991

Note: This guidance applies only to receipts from a non-approved retirement benefits scheme (see EIM15010) and so applies only before 6 April 2006. The Statement has been withdrawn with effect from that date on the introduction of the simplified pensions regime.

A lump sum otherwise chargeable under Section 394 ITEPA 2003 (see EIM15010) is not chargeable where the conditions in Statement of Practice 13/91 are satisfied see EIM15170)