Finance Act 2009, Schedule 35 (Special Annual Allowance Charge) (Cessation of Effect) Order 2010 comes into force

Implementation date: 10 December 2010

The Order prescribes that the special annual allowance charge, an income tax charge on pension contributions and benefits in excess of the special annual allowance, introduced under sch.35 to the Finance Act 2009, has no effect after the tax year 2011/12. The Order can be viewed on the UK legislation website.