Section 2.2.5 of the CWG2: Further guide to PAYE and National Insurance contributions has been updated.
This section is about trivial commutation payments relating to registered pension schemes. It has been amended to clarify the details about commutation where pension payments have and have not started.
Where a trivial commutation payment is taxable in whole or part as pension income, then tax has to be deducted through PAYE from the taxable amount.
