http://www.legislation.gov.uk/uksi/2011/1783/contents/made

The Registered Pension Schemes (Relevant Income) Regulations 2011

Income tax

Tax

Business practice and regulation

Occupational pensions

en

King's Printer of Acts of Parliament

2018-03-02

INCOME TAX

These Regulations prescribe four categories of payment that are not to be regarded as “relevant income” for the purposes of ascertaining whether or not a member of a registered pension scheme or a dependant of such a member satisfies the “minimum income requirement” as provided for in Schedule 28 to the Finance Act 2004 (“FA 2004”) as amended by the Finance Act 2011 (“FA 2011”). Members or dependants with a minimum income requirement of £20,000 or more per annum may draw down an unlimited amount from their remaining drawdown pension funds in registered pension schemes provided the conditions set out in sections 165 and 167 of FA 2004 are met.