Pensions Tax Simplification

Draft Regulations

The following additional draft pensions tax simplification regulation and order was published on 3 March

• The Pension Schemes (Transfers, Re-organisation and Winding Up)(Transitional Provisions) Order 2006

The following additional draft pensions tax simplification regulation and order was published on 23 January 2006

• The Pension Protection Fund (Tax) Regulations 2006 (PDF 58K)
  

The following additional draft pensions tax simplification regulation and order was published on 18 January 2006

• The Registered Pensions (Splitting of Schemes) Regulations 2006 (PDF 46K)
• Publication Announcement for Splitting of Schemes Regulations (PDF 17K)

The following additional draft pensions tax simplification regulation was published on 11 January 2006.

• The Registered Pension Schemes (Authorised Member Payments) Regulations 2006 for demutualisation of insurance companies and members of qualifying pension schemes (PDF 23K)

The following additional draft pensions tax simplification regulations were published on 23 December 2005.

• The Registered Pension Schemes (Authorised Member Payments) Regulations 2006 for Pipeline Lump Sums (PDF 15K)
• Transitional Provision Order: Pipeline Lump Sums (PDF 28K)
  

The following additional draft pensions tax simplification regulations were published on 21 December 2005.

• Transitional Provision Order: Corresponding Relief for Employers (PDF 27K)
• The Pension Schemes (Surrender of Relevant Excess) Regulations 2005 (PDF 22K)
  

The following additional draft pensions tax simplification regulations were published on 15 December 2005.

• The Pensions (Transfer of Sums and Assets) Regulations 2005 (PDF 42K)
• The Pension Schemes (Block Transfers)(Permitted Membership Period) Regulations 2005 (PDF 16K)
  

The following additional draft pensions tax simplification regulation and orders was published on 25 November 2005.

• The Registered Pension Schemes (Prescribed Manner of Determining Amount of Annuities) Regulations 2005 (PDF 26K)

The following additional draft pensions tax simplification regulation and orders was published on 17 November 2005.

• The Pension Schemes (Categories of Country and Requirements for Overseas Pension Schemes and Recognised Overseas Pension Schemes) Regulations 2005 (PDF 36K)

The following additional draft pensions tax simplification regulations and orders were published on 21st October 2005.

• The Pension Schemes (Modification of Rules of Existing Schemes) Regulations 2005 (PDF 34K) and Accompanying Note
• Transitional Provision Order: Transitional Protection for Lump Sum Only Schemes (PDF 18K)
• The Pension Schemes (Co-Ownership of Living Accommodation) Regulations 2006 (PDF 25K)
• Transitional Provision Order: Transfer of Crystallised Rights with Enhanced Protection (PDF 20K)
• Transitional Provision Order: Lump Sum Death Benefit (PDF 15K)
• The Registered Pension Schemes (Authorised Payments)(Transfers to the Pension Protection Fund) Regulations 2006 (PDF 13K)
• Transitional Provision Order: Lump Sum Only Contracts Becoming Registered Pension Schemes (PDF 11K)
• The Pension Schemes (Reduction in Pension Rates) Regulations 2005 (PDF 22K)
• The Social Security (Contributions) Regulations 2005 (PDF 48K)

These regulations and orders are in addition to the draft regulations detailed below which were published on 21 September 2005.

• Transfers and Wind-ups secured by Individual Contracts of Insurance (PDF 39K)
• The Registered Pension Schemes (Provision of Information) Regulations 2005 (PDF 94K)
• The Registered Pension Schemes (Relief at Source) Regulations 2005 (PDF 72K)

These regulations and orders are in addition to the draft regulations detailed below which were published on 8 August 2005

• The Employer-Financed Retirement Benefits Schemes (Provision of Information) Regulations (PDF 93K)
• Transitional Provision Order: Scheme specific lump sums (PDF 100K)
• The Armed Forced and Reserve Forces (Compensation scheme)(Excluded Benefits for tax purposes) Regulations 2005 (PDF 82K)
• Transitional Provision Order: Protection of large lump sums under Enhanced Protection (PDF 67K)
• Transitional Provision Order: Pre A-Day assets (PDF 82K)
• The Pension Schemes (Restriction of Employers’ relief) Regulations 2005 (PDF 98K)
• The Registered Pension Schemes and Overseas Pension Schemes (Electronic Communication of Returns and Information) Regulations 2005 (PDF 133K)
  

These regulations and orders are in addition to the draft regulations detailed below which were published on 21 July 2005:

• Transitional Provision Order: Compensation payments for the purpose of valuing primary protection (PDF 84K) [technical note 4N]
• Prevention of second tax free lump sum (PDF 91K) [technical note 4G]
• The Pension Benefits (PDF 90K) (Insurance Company Liable as Scheme Administrator) Regulations 2005 [technical note 1O]
• The Pension Schemes (PDF 91K) (Meaning of Pension Commencement Lump Sum) Regulations 2005 [technical note 2D]
• The Pension Schemes (PDF 88K) (Relevant Migrant Members) Regulations 2005 [technical note 1P]

These regulations and orders are in addition to the draft regulations detailed below which were published on 16 June 2005

• The Pension Schemes (PDF 85K) (Enhanced Lifetime Allowance) Regulations 2005
• The Registered Pension Schemes (PDF 95K) (Authorised Payments) Regulations 2005 (see also the Transitional Provisions Order 2005 - Equivalent pension benefits and state scheme premiums )
• The Taxes Management Act 1970 (PDF 90K) (Modifications to Schedule 3 for Pension Scheme Appeals) Order 2005
• Transitional Provisions Order 2005

And regulations and orders detailed below which were published on 9 March 2005 following the consultation on the draft pensions tax simplification regulations:

• The Pension Schemes (Information Requirements — Qualifying Overseas Pension Schemes, Qualifying Recognised Overseas Pensions Schemes and Corresponding Relief) Regulations 2005 (PDF 99KB) These regulations were previously titled “The Pension Schemes (Prescribed Information Requirements for Qualifying Schemes) Regulations”
• The Pensions Schemes (Application of UK Provisions to Relevant Non-UK Schemes) Regulations 2005 (PDF 141KB) These regulations represent the merger of the two draft regulations previously consulted on –“The Pension Schemes (Application of Charges to UK Tax to Non-UK Schemes) Regulations” and “The Pensions Schemes (Modification of the Finance Act 2004 in respect of Relevant Non-UK Schemes) Regulations”
• The Registered Pension Schemes (Relief at Source) Regulations 2005 (PDF 72K)
  A revised draft of this regulation is now available.
• The Pension Schemes (Prescribed Interest Rates for Authorised Employer Loans) Regulations 2005 (PDF 94KB)
• The Registered Pension Schemes (Relevant Annuities) Regulations 2005 (PDF 89KB)
• The Registered Pension Schemes (Minimum Contributions) Regulations 2005 (PDF 89KB)
• The Pension Schemes (Prescribed Schemes and Occupations) Regulations 2005 (PDF 101KB)
• The Pension Schemes (Discharge of Liabilities under Sections 267 and 268 of the Finance Act 2004) Regulations 2005 (PDF 98KB)
• The Employer-Financed Retirement Benefits Schemes (Provision of Information) Regulations 2005 (PDF 95KB)
• The Registered Pension Schemes (Accounting and Assessment) Regulations 2005 (PDF 148KB)
• The Registered Pension Schemes and Employer-Financed Retirement Benefits Schemes (Information) (Prescribed Descriptions of Persons) Regulations 2005 (PDF 92KB)
• The Registered Pension Schemes (Audited Accounts) (Specified Persons) Regulations 2005 (PDF 91KB)
• The Registered Pension Schemes (Provision of Information) Regulations 2005 (PDF 94KB)
  A revised draft of this regulation is now available.

If you have any further comments on the draft regulations please email these to:

• Draft Regulations

There will be further draft pensions tax simplification regulations and orders published on these pages in the coming months including

• The Registered Pension Schemes (Defined Benefits Arrangements – Uprating of Opening Value) Regulations and,
• The Pension Schemes (Modification of Rules of Existing Schemes) Regulations.

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