This article provides an overview of changes introduced by Finance Act 2022 in respect of the treatment of foreign lump sum pension payments and the removal of the benefit-in-kind (BIK) charge for employer pension contributions. Finance Act 2022 also provided for the introduction of a new Chapter 2D to Part 30 of the Taxes Consolidation Act 1997 (TCA 1997), which sets out the tax treatment of and relief applicable to the Pan-European Personal Pension Product (PEPP).
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