Examples of Taxation of Pensions Act in a sentence
The group life insurance premium is covered by the provisions of Part II of the Danish Taxation of Pensions Act.
In accordance with its duty under section 75 of the Northern Ireland Act 1998, the Department has conducted a screening exercise on these legislative proposals and, as they are in consequence of provisions in the 2015 Act which support the pension flexibilities introduced by the Taxation of Pensions Act 2014 and are technical in nature, they would have little implication for any of the section 75 categories.
The Taxation of Pensions Act 2014 gives savers greater flexibility in how they access their money purchase pension pots from 6th April 2015.
As they are in consequence of provisions in the 2015 Act which support the pension flexibilities introduced by the Taxation of Pensions Act 2014 and are technical in nature, they would have little implication for any of the section 75 categories.
The right to trivially commute defined contribution benefits (including AVCs) was removed in respect of commutation periods beginning on or after 6th April 2015 and irrespective of whether the nominated date was before, on or after 6th April 2015 – see paragraphs 71(1)(a) and 71(2) of Part 5 of Schedule 1 to the Taxation of Pensions Act 2014.
Finally, the 1975 amendments provided that if the intestate was survived by a spouse and no issue, the surviving spouse would take the whole of the intestate’s estate.
We will value the Assets you have set aside for Flexi-access drawdown as and when required by the Scheme Rules, the Finance Act and the Taxation of Pensions Act and advise you of the maximum amount of income which can be taken.
On 6 April 2015, the Taxation of Pensions Act 2014 introduced further changes to pension legislation to accommodate ‘Freedom and Choice’ in Defined Contribution schemes.
Paragraphs 3(2C), 6(1C), 17(4) and 20(1C) were amended by paragraphs [44(1), 46(1), 49(1) and 51(1)] of Schedule 1 to the Taxation of Pensions Act [2014] (c.
Section 172A(1)(a) was amended by paragraph 6 of Schedule 2 to the Taxation of Pensions Act 2014 (c.