International enhancement enables you to increase your
lifetime allowance above the standard amount in
certain circumstances. Broadly speaking, it is available if some of
your benefits in a
registered pension scheme have built up after 5
April 2006 without UK tax relief because you have been working
overseas.
If you are entitled to a lifetime allowance that is higher
than the standard amount a
lifetime allowance charge will only arise if the
total value of your benefits paid from registered pension schemes
(and from certain overseas pension schemes) exceeds your enhanced
lifetime allowance. But you must have notified HMRC within a set
period of your entitlement to a higher amount to be able to use it
when your benefits are paid out (see
RPSM13200150 and
RPSM13200260).
| Glossary ( RPSM20000000) |
