The Public Service Pension Schemes (Rectification of Unlawful Discrimination) (Tax) (No. 2) Regulations 2023
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
SCHEDULE Specified information
Regulation 31 Table Column 1: general information and declarations | Column 2: liability to annual allowance charge under section 227 of FA 2004 | Column 3: liability to lifetime allowance charge under section 214 of FA 2004 | Column 4: liability to unauthorised payments charge under section 208 of FA 2004 1. Name, address, date of birth, date of death (if applicable) and national insurance number of the specified individual. | 1. Name and tax reference number of each relevant pension scheme under which an arrangement is held, in respect of which there has been a change in the value of the individual’s rights during a pension input period ending in a relevant tax year. | 1. Name and tax reference number of each pension scheme under which an arrangement is held, in respect of which a benefit crystallisation event occurred within a relevant tax year. | 1. Name and tax reference number of each pension scheme from which an unauthorised member payment was made in a relevant tax year. 2. Whether a third party is providing specified information on behalf of a specified individual and, if so— the name, address, date of birth and national insurance number (if any) of the third party; and whether the third party is named under a lasting, continuing or enduring power of attorney, or a deputyship or controllership order, in relation to the specified individual. | 2. Amount of any liability to the annual allowance charge for that tax year, arising otherwise than by the operation of a relevant rectification provision or regulation 14 of the 2023 Regulations (local government new schemes: final salary uplifts ignored in calculating pension input amount). | 2. Amount of any liability to the lifetime allowance charge for that tax year, arising otherwise than by the operation of a relevant rectification provision. | 2. Amount of any liability to the unauthorised payments charge or surcharge for that tax year, arising otherwise than by the operation of a relevant rectification provision. 3. Whether an assessable representative is providing specified information on behalf of a specified individual who is a deceased member and, if so, the name, address, date of birth and national insurance number (if any) of the representative. | 3. Amount paid of the liability to the charge specified in item 2, and whether it was paid by the individual, or by the scheme administrator on behalf of the individual. | 3. Amount paid of the liability to the charge specified in item 2, and whether it was paid by the individual, or by the scheme administrator on behalf of the individual. | 3. Amount paid of the liability to the charges specified in item 2. 4. Declaration that the specified information is provided by, or in respect of, a specified individual; declaration as to the accuracy of the specified information; and declaration that the specified individual, or other person who is providing the information, understands the consequences of providing false information. | 4. Amount of any liability to the annual allowance charge for that tax year, arising as a result of the operation of a relevant rectification provision or regulation 14 of the 2023 Regulations. | 4. Amount of any liability to the lifetime allowance charge for that tax year, arising as a result of the operation of a relevant rectification provision. | 4. Amount of the unauthorised member payment in relation to which the liability to the charge specified in item 2 arose. 5. Details of— any scheme pays notice given to a scheme administrator, or request made to a scheme administrator to pay an amount, relating to liability to a charge specified in item 2 or 4. | 5. Whether the individual or the scheme administrator will be paying the liability to the charge specified in item 4. | 5. Amount of any liability to the unauthorised payments charge or the unauthorised payments surcharge, as the case may be, for that tax year, arising as a result of the operation of a relevant rectification provision. 6. Where a different scheme administrator to that specified in item 1 will be paying the liability to the charge specified in item 4, the name and pension scheme tax reference of that scheme. | 6. Amount of the unauthorised member payment in relation to which the liability to the charge specified in item 5 arose. 7. Date of any benefit crystallisation event occurring on or after 1 April 2015, and in respect of which an amount subject to the lifetime allowance charge may have changed as a result of the operation of a relevant rectification provision. | 7. In cases where an individual has repaid a lump sum in excess of the permitted maximum (“the excess lump sum”) to a scheme administrator: amount of the excess lump sum repaid; and the date on which the excess lump sum was repaid. 8. Whether, at the time of the benefit crystallisation event the individual held lifetime allowance protection or lifetime allowance enhancement factors , and, if either is held, the type of protection and any associated reference number.
SCHEDULE Specified information
Regulation 31 Table Column 1: general information and declarations | Column 2: liability to annual allowance charge under section 227 of FA 2004 | Column 3: liability to lifetime allowance charge under section 214 of FA 2004 | Column 4: liability to unauthorised payments charge under section 208 of FA 2004 1. Name, address, date of birth, date of death (if applicable) and national insurance number of the specified individual. | 1. Name and tax reference number of each relevant pension scheme under which an arrangement is held, in respect of which there has been a change in the value of the individual’s rights during a pension input period ending in a relevant tax year. | 1. Name and tax reference number of each pension scheme under which an arrangement is held, in respect of which a benefit crystallisation event occurred within a relevant tax year. | 1. Name and tax reference number of each pension scheme from which an unauthorised member payment was made in a relevant tax year. 2. Whether a third party is providing specified information on behalf of a specified individual and, if so— the name, address, date of birth and national insurance number (if any) of the third party; and whether the third party is named under a lasting, continuing or enduring power of attorney, or a deputyship or controllership order, in relation to the specified individual. | 2. Amount of any liability to the annual allowance charge for that tax year, arising otherwise than by the operation of a relevant rectification provision or regulation 14 of the 2023 Regulations (local government new schemes: final salary uplifts ignored in calculating pension input amount). | 2. Amount of any liability to the lifetime allowance charge for that tax year, arising otherwise than by the operation of a relevant rectification provision. | 2. Amount of any liability to the unauthorised payments charge or surcharge for that tax year, arising otherwise than by the operation of a relevant rectification provision. 3. Whether an assessable representative is providing specified information on behalf of a specified individual who is a deceased member and, if so, the name, address, date of birth and national insurance number (if any) of the representative. | 3. Amount paid of the liability to the charge specified in item 2, and whether it was paid by the individual, or by the scheme administrator on behalf of the individual. | 3. Amount paid of the liability to the charge specified in item 2, and whether it was paid by the individual, or by the scheme administrator on behalf of the individual. | 3. Amount paid of the liability to the charges specified in item 2. 4. Declaration that the specified information is provided by, or in respect of, a specified individual; declaration as to the accuracy of the specified information; and declaration that the specified individual, or other person who is providing the information, understands the consequences of providing false information. | 4. Amount of any liability to the annual allowance charge for that tax year, arising as a result of the operation of a relevant rectification provision or regulation 14 of the 2023 Regulations. | 4. Amount of any liability to the lifetime allowance charge for that tax year, arising as a result of the operation of a relevant rectification provision. | 4. Amount of the unauthorised member payment in relation to which the liability to the charge specified in item 2 arose. 5. Details of— any scheme pays notice given to a scheme administrator, or request made to a scheme administrator to pay an amount, relating to liability to a charge specified in item 2 or 4. | 5. Whether the individual or the scheme administrator will be paying the liability to the charge specified in item 4. | 5. Amount of any liability to the unauthorised payments charge or the unauthorised payments surcharge, as the case may be, for that tax year, arising as a result of the operation of a relevant rectification provision. 6. Where a different scheme administrator to that specified in item 1 will be paying the liability to the charge specified in item 4, the name and pension scheme tax reference of that scheme. | 6. Amount of the unauthorised member payment in relation to which the liability to the charge specified in item 5 arose. 7. Date of any benefit crystallisation event occurring on or after 1 April 2015, and in respect of which an amount subject to the lifetime allowance charge may have changed as a result of the operation of a relevant rectification provision. | 7. In cases where an individual has repaid a lump sum in excess of the permitted maximum (“the excess lump sum”) to a scheme administrator: amount of the excess lump sum repaid; and the date on which the excess lump sum was repaid. 8. Whether, at the time of the benefit crystallisation event the individual held lifetime allowance protection or lifetime allowance enhancement factors , and, if either is held, the type of protection and any associated reference number.
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
How this law is officially changed
Solon does not know this law's official route yet. The proposal is recorded all the same, and the route appears here once its source is added.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.