SCHEDULE 35 Pension Schemes etc: Minor and Consequential Amendments
Finance Act 2004 (2004 c 12) | Legislation

SCHEDULE 35 Pension Schemes etc: Minor and Consequential Amendments

Section 281

Taxes Management Act 1970 (c 9)

1

In section 9(1A) of the Taxes Management Act 1970 (tax not to be assessed by a self-assessment), for the words after “any tax†substitute

“w³ó¾±³¦³ó—

(a)     is chargeable on the scheme administrator of a registered pension scheme under Part 4 of the Finance Act 2004, . . .

[(ab)     is chargeable on the sub-scheme administrator of a sub-scheme under Part 4 of the Finance Act 2004 as modified by the Registered Pensions (Splitting of Schemes) Regulations 2006, or]

(b)     is chargeable on the person who is (or persons who are) the responsible person in relation to an employer-financed retirement benefits scheme under section 394(2) of ITEPA 2003.â€

Income and Corporation Taxes Act 1988 (c 1)

2

The Income and Corporation Taxes Act 1988 (c 1) is amended as follows.

3

In section 21A(2) (Schedule A: computation of amount chargeable), insert at the end—

“sections 196 to 200 of the Finance Act 2004 (registered pension schemes);

section 246 of that Act (employer-financed retirement benefits schemes).â€

4

In section 56(3)(b) (transfers in deposits and debts: exemption

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