PSI6.4.5 - Total Benefits on Retirement at Normal Retirement Age: Pensionable Remuneration and Final Remuneration - Statutory Definition

(This archived guidance relates to HMRC discretionary practice before the 6th April 2006. For current guidance on Registered Pension Schemes see the Registered Pension Schemes Manual)

The reference to "anything in respect of which tax is chargeable by virtue of section 148", in PSI6.4.4(b) above, relates to "golden handshakes", etc, and gives statutory effect to previous discretionary practice.