RPSM03100580 - Technical Pages: Protecting pre 6/4/06 pension rights from tax charges: Notifying HMRC: Cessation
Notifying cessation of enhanced protection
| [s263] |
When an individual loses enhanced protection, or no longer wishes enhanced protection to apply to them, they must notify HMRC.
Where an individual loses enhanced protection due to relevant benefit accrual (see RPSM03104500) if the individual does not notify HMRC of this within 90 days they are liable to a penalty of up to £3000.
| Glossary (RPSM20000000) |
