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HMRC internal manual

Employment Income Manual

Employer-financed retirement benefits schemes: overseas schemes: lump sums from assets disposals

Section 397(4)-(10) ITEPA 2003

[Notice: the guidance on this page should be read with the notice at the top of EIM15015]

As Section 397 has no application for receipts after 5 April 2006, after that date receipts from employer-financed retirement benefits schemes are charged in full (see EIM15010) subject to transitional provisions (see EIM15125).