Pension Tax Guide 2022-23

<div><b>A thorough and very practical guide to how the pension rules work</b>, and to the part they play in tax planning, written for professionals (accountants, tax specialists, lawyers, financial advisers) who need to understand the complex and rapidly-changing rules.&nbsp;</div><div><br></div><div><div><b><font color="#009900">"Well-considered and thorough."</font></b>&nbsp;–&nbsp;<i>TAXline&nbsp;</i>review of earlier edition</div></div><div><br></div><div><b><br></b></div><div><h3>New for 2022-23 edition:</h3></div><ul><li>Court of Appeal ruling re registration requirement.</li><li>Expanded list of DOTAS hallmarks</li><li>New legislative framework for collective money purchase benefits schemes (defined contribution schemes)</li><li>Uncoupling of lower limits for qualifying earnings and for NIC</li><li>Updated figures for pension credits</li><li>Possible areas for reform of pension tax relief</li><li>Proposals for top-up payments for low-earning individuals</li><li>Freezing of lifetime allowance</li><li>Re-working (for greater clarity) of benefit crystallisation events</li><li>FA 2022 changes re normal minimum pension age</li><li>New statutory pension transfer safeguards</li><li>Exclusions from “permitted transfers” (re loss of enhanced protection)</li><li>List of HMRC guidance re VAT and occupational pension schemes</li><li>Short new section on climate change obligations</li><li>Short additional commentary re income from pensions held overseas</li><li>Expanded coverage of benefits of excepted group life policies</li><li>Examples reviewed and updated as appropriate.</li></ul><div><br></div><div><div><h3>Contents</h3></div><div><a href="/asps/resources/pdfs/129-1.pdf" class="" classname="" target="_blank" name=""><b>See full table of contents</b></a> (opens new tab)</div><div><br></div><ul><li></li><li>The tax benefits of registration</li><li>Contributions and input</li><li>The lifetime allowance</li><li>Taxation of member benefits</li><li>Transfers and refunds</li><li>Pension scheme lump sums and authorised payments</li><li>Investments</li><li>International aspects and the lifetime allowance</li><li>Death benefits and inheritance tax</li><li>Transitional protection</li><li>Employer-financed retirement benefit schemes</li></ul><blockquote style="margin: 0px 0px 0px 20px; 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border: none; padding: 0px;"></blockquote><blockquote style="margin: 0 0 0 20px; border: none; padding: 0px;"></blockquote><blockquote style="margin: 0 0 0 20px; border: none; padding: 0px;"><div><br></div></blockquote><div><h3><div><p style="font-size: 12px; font-weight: 400;"></p> </div></h3><h3>About the author</h3></div><div><a href="/Katharine-Lindley/" class="" classname="" target="" name=""><b>Katharine Lindley</b></a> CTA, ATT (Fellow), APFS, CFP&#7488;&#7481; Chartered MCSI, who has taken over responsibility for this title following the retirement of Robert Gaines, is a client director with EQ Investors.</div>