C2C1C4C5C3Part 9Pension income

Annotations:
Modifications etc. (not altering text)
C2

Pt. 9: power to amend conferred (17.12.2014) by Taxation of Pensions Act 2014 (c. 30), s. 4(3)

C1

Pt. 9 excluded by 2004 c. 12, Sch. 36 para. 45A(1) (as inserted (26.3.2015) by Finance Act 2015 (c. 11), Sch. 4 para. 19)

Chapter 17Exemptions: any taxpayer

645Social security pensions: increases in respect of children

1

No liability to income tax arises on a part of a social security pension which is attributable to an increase in respect of a child.

2

In this section “social security pension” means—

a

any pension, benefit or allowance to which section 577 applies, and

b

any pension, benefit or allowance which—

i

is payable under the law of a country or territory outside the United Kingdom, and

ii

is substantially similar in character to a pension, benefit or allowance to which section 577 applies.