# The Pensions (Abolition of Lifetime Allowance Charge etc) Regulations 2024, Regulation 6: The Income Tax (Pay As You Earn) Regulations 2003


(1) The Income Tax (Pay As You Earn) Regulations 2003 are amended as follows.
(2) In regulation 58 (procedure if no Form P45 and code not known: UK pensioners), in paragraph (7)—
(a) in the opening words, at the end insert “a payment which”;
(b) for sub-paragraph (a) substitute—
“(a) is treated as taxable pension income under—
(i) section 637G of ITEPA (trivial commutation lump sums and winding-up lump sums), or
(ii) section 637N of that Act (trivial commutation lump sum death benefits), and”.
(c) in sub-paragraph (b) omit “which”.

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Source: https://www.legislation.gov.uk/uksi/2024/356/regulation/6 (the official version)
Page: https://openlegislation.uk/pensions-abolition-of-lifetime-allowance-charge-etc-regulations-2024/regulation-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.