# The MPs’, Senedd and Assembly Pension Schemes (Tax) Regulations 2025, Regulation 3: Refund of contributions


(1) The qualifying amount of a rectification payment that falls within section 15(3)(b) of the Finance Act 2024 (refund of pension contributions)—
(a) does not give rise to a liability to income tax, and
(b) is to be treated as falling within section 164(1) of FA 2004 (authorised member payments).
(2) In this regulation, the qualifying amount is—
(a) the amount of the refund of pension contributions, less
(b) the amount of any relief given in respect of those contributions in accordance with section 193 of FA 2004 (relief under net pay arrangements).

---
Source: https://www.legislation.gov.uk/uksi/2025/52/regulation/3 (the official version)
Page: https://openlegislation.uk/mps-senedd-and-assembly-pension-schemes-tax-regulations-2025/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.