List of Statutory Instruments of the United Kingdom, 2006 — This is an incomplete list of Statutory Instruments of the United Kingdom in 2006. NOTOC 1 100* Public Contracts Regulations 2006 S.I. 2006/5 * Utilities Contracts Regulations 2006 S.I. 2006/6 * M6 Motorway (Junction 36, Town Head Bridge Parapet… … Wikipedia
Pension simplification — In 2004 the Labour government announced plans to rationalise the British tax system as applied to pension schemes; these changes are referred to as pension simplification. The new single tax regime were adopted on 6th April 2006; this date is… … Wikipedia
primary protection — Introduced by the Finance Act 2004, one of the forms of transitional protection that is available for members of registered pension schemes who accrued pension rights before 6 April 2006. A member whose rights are valued at more than £1.5 million … Law dictionary
Capital gains tax — A capital gains tax (abbreviated: CGT) is a tax charged on capital gains, the profit realized on the sale of a non inventory asset that was purchased at a lower price. The most common capital gains are realized from the sale of stocks, bonds,… … Wikipedia
enhanced protection — Introduced by the Finance Act 2004, one of the forms of transitional protection available for members of registered pension schemes who accrued pension rights before 6 April 2006. A member may register with HM Revenue & Customs (HMRC) for… … Law dictionary
defined benefits lump sum death benefit — Introduced by the Finance Act 2004, a registered pension scheme that is a defined benefit scheme may pay a defined benefits lump sum death benefit on a member s death. The scheme administrator must test the payment against the member s lifetime… … Law dictionary
pension commencement lump sum — Introduced by the Finance Act 2004, a member of a registered pension scheme may commute part of his pension benefits for a pension commencement lump sum. This may comprise up to 25% of the capital value of the member s pension entitlement, and is … Law dictionary
serious ill-health lump sum — Introduced by the Finance Act 2004, a member of a registered pension scheme may commute the entirety of his pension benefits for a serious ill health lump sum, provided that a registered medical practitioner has certified that the member has less … Law dictionary
trivial commutation lump sum — Introduced by the Finance Act 2004, a member of a registered pension scheme whose total pension rights from all registered pension schemes do not exceed 1% of the standard lifetime allowance may commute these rights for a trivial commutation lump … Law dictionary
winding-up lump sum — Introduced by the Finance Act 2004, a member of a registered pension scheme that is winding up may have his or her benefits commuted for a winding up lump sum. The amount of the lump sum must not exceed 1% of the standard lifetime allowance when… … Law dictionary
