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Paragraph 22C Information about payments to the employee, etcF1F2

(1)

If applicable, an indication that comprised within the payment is an amount in respect of a reportable payment and the amount of that reportable payment.

(2)

For the purposes of sub-paragraph (1) a “reportable payment” is—

(a)

a payment of an uncrystallised funds pension lump sum,

(b)

a lifetime annuity under a flexible annuity contract, or

(c)

a payment made out of—

(i)

a fund referred to in section 227G(2), (4) or (5) of the Finance Act 2004,

(ii)

an arrangement referred to in section 227G(3) of the Finance Act 2004, or

(iii)

a scheme pension referred to in section 227G(9) of the Finance Act 2004.

(3)

For the purposes of sub-paragraph (2)—

(a)

“flexible annuity contract” has the meaning given by section 227G(8) of the Finance Act 2004, and

(b)

“uncrystallised funds pension lump sum” has the meaning given by paragraph 4A of Schedule 29 to the Finance Act 2004.

Annotations

Textual amendments

F1

Sch. A1 inserted (6.4.2012) by The Income Tax (Pay As You Earn) (Amendment) Regulations 2012 (S.I. 2012/822), regs. 1(1), 52, Sch. (with reg. 53)

F2

Sch. A1 paras. 22C, 22D inserted (6.4.2016) by The Income Tax (Pay As You Earn) (Amendment) Regulations 2016 (S.I. 2016/329), regs. 1, 5