Income Tax (Trading and Other Income) Act 2005 section 836

Relief for delayed remittances: backdated pensions

Section 836 provided relief in cases where pension income arising overseas was remitted to the UK late due to the pension being backdated, but this provision has been removed from the legislation.

• Section 836 originally offered tax relief where overseas pension payments were remitted to the UK after a delay caused by the pension being backdated.
• The relief applied to situations where a person received a lump sum or series of payments representing pension income that related to earlier periods but was only paid and remitted later.
• The section was repealed by the Finance Act 2008 (Schedule 7, paragraph 54) as part of wider reforms to the remittance basis rules.
• The repeal took effect from the 2008-09 tax year onwards, meaning the relief is not available for that year or any subsequent tax year.