{
  "url": "https://openlegislation.uk/draft-special-annual-allowance-charge-variation-of-rate-order-2010/article-2",
  "json_url": "https://openlegislation.uk/draft-special-annual-allowance-charge-variation-of-rate-order-2010/article-2.json",
  "legislation": "ukdsi/2010/9780111490464",
  "legislation_title": "The Special Annual Allowance Charge (Variation of Rate) Order 2010",
  "legislation_url": "https://openlegislation.uk/draft-special-annual-allowance-charge-variation-of-rate-order-2010",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Amendment of paragraph 1(8) of Schedule 35 to the Finance Act 2009",
  "text": "In paragraph 1(8) of Schedule 35 to the Finance Act 2009 (pensions: special annual allowance charge), for “rate of 20%” substitute “appropriate rate” and insert at the end—\n“For this purpose “the appropriate rate” is—\n(a) 0% in relation to so much (if any) of the chargeable amount as, when added to the reduced net income amount, does not exceed the basic rate limit,\n(b) 20% in relation to so much (if any) of the chargeable amount, as when so added, exceeds the basic rate limit but does not exceed the higher rate limit, and\n(c) 30% in relation to so much (if any) of the chargeable amount as, when so added, exceeds the higher rate limit.\nIn this sub-paragraph—\n“chargeable amount” means the amount in respect of which the special annual allowance charge is charged, and\n“the reduced net income amount” means the amount after taking step 3 in section 23 of ITA 2007 in the case of the individual for the tax year.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2010/9780111490464/article/2",
    "retrieved_at": "2026-10-30T14:56:11.868560+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}