Post-cessation receipts and expenses: amount arising is relevant UK earnings
S256 Income Tax (Trading and Other Income) Act 2005
Any post-cessation receipts arising in the tax year are relevant UK earnings for pensions purposes
This guidance applies to individuals only.
If the person has ceased to trade and any income arising from this trade was relevant UK earnings for pensions purposes (under S189(2)(b) Finance Act 2004) then any post-cessation receipts arising from that trade are also considered to be relevant UK earnings.
For further guidance on relief for pension contributions and relevant UK earnings, see RPSM05101120 and RPSM05101150.