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Enhanced Lump Sum Allowance: Notification of relevant overseas individual

Clarky55
Posted Sun, 02 Jun 2024 08:32:11 GMT by Clarky55
I am currently non-resident and have been for the last 20 years. Now that I have turned 55, I will be drawing down an uncrystallised funds pension lump sum (“UFPLS”) from my UK pension provider this June (2024). I believe that this will be considered a “benefit crystallization event”. On the basis of this event, I believe I can complete Form APSS202 (to notify an enhancement to the lump sum allowance on the basis of being a relevant overseas individual). Can you confirm that my understanding is correct? Thank you
HMRC Admin 10 Response
Posted Tue, 04 Jun 2024 15:43:36 GMT by HMRC Admin 10 Response
Hi
That is correct.

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