PSI17.2.24 - Tax Treatment of Approved Schemes and Payments by Approved Schemes: Taxation of Payments to Scheme Members - Serious Ill Health Commutation - Calculation of Tax

(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)

Where the pension is commuted because of the member’s serious ill health this Office is responsible for calculating the section 599 ICTA 1988 tax. Compliance Audit Section deal with these calculations and any enquiries about the calculation, whether from a scheme administrator or a Tax District, should be sent to them.

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