|
The Taxation of Pensions Act 2014 is an Act of the Parliament of the United Kingdom that received Royal Assent on 17 December 2014, after being introduced on 14 October 2014.〔 The purpose of the Act was to allow greater flexibility by removing certain restrictions relating to pension annuities becoming entitled on or after 6 April 2015 and authorising one-off pension payments not made through a drawdown fund.〔Taxation of Pensions Act 2014, paragraph 1〕 ==Overview== The main provisions of the act were:〔(【引用サイトリンク】title=A round-up of pensions developments: December 2014 )〕 * Members of a registered pension scheme are able from 6 April 2015 to draw down their full pension fund as a single lump sum, known as the Uncrystallised Funds Pensions Lump Sum, of which 25% will be tax free. Therefore no longer meaning that pensioners have to purchase an annuity on retirement.〔Taxation of Pensions Act 2014 (c. 30) Schedule 1 — Pension flexibility etc Part 3 — Pension payments out of uncrystallised funds〕 * A new drawdown facility known as the Flexi-access drawdown allows pensioners from 6 April 2015 to withdraw any amount when they reach a normal pension age,〔Taxation of Pensions Act 2014 (c. 30) Schedule 1 — Pension flexibility etc Part 1 — Drawdown pensions〕 and allows any amount to be put into a short term annuity lasting 5 years or less.〔Taxation of Pensions Act 2014 (c. 30) Schedule 1 — Pension flexibility etc Part 2 — Annuities - Reduction of restrictions on new annuities〕 * As anti-avoidance legislation pensioners using the flexible opinions above have a reduced tax free annual pension contribution allowance of £10,000 per annum, thus preventing individuals from flexibly withdrawing their pot and reinvesting in a defined contribution scheme.〔Taxation of Pensions Act 2014 (c. 30) Schedule 1 — Pension flexibility etc Part 4 — Annual allowances - Paragraph 65〕 * That the 55% tax charge that applies on payment of most lump sum death benefits is abolished, in its place anyone who dies below the age of 75 will be able to leave unused fund to their beneficiaries tax free. For those who die above the age of 75 the used funds can be passed on either as a flexibly accessible pension fund or paid out as a lump sum subject to a tax rate of 45%.〔Taxation of Pensions Act 2014 (c. 30) Schedule 2 — Death of pension scheme member Part 3 — Uncrystallised rights at member’s death〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Taxation of Pensions Act 2014」の詳細全文を読む スポンサード リンク
|