Income Tax (Earnings and Pensions) Act 2003 section 603

Person liable for tax

Section 603 identifies who is liable to pay tax on payments and benefits received from a pension scheme that are chargeable to income tax.

• This section determines which person is chargeable to income tax when a payment or benefit from a pension scheme is taxable.
• The person who receives or is entitled to the payment or benefit is the one liable for the tax.
• This applies to all taxable pension income arising under the relevant provisions of the Act.
• The rule ensures that tax liability follows the recipient of the pension payment or benefit, rather than any other party.