Retirement Benefits Schemes (Increase in Permitted Maximum in Transitional Cases) Order 2005 comes into force

Implementation date: 6 April 2005

The Order increases, from £100,000 to £105,600, the permitted maximum used as part of the calculation of benefits payable to a class of employees from a retirement benefit scheme approved under the Income and Corporation Taxes Act 1988, Chapter 1 of Part 14. The Regulations can be viewed on the OPSI website.