benefits and pension payout

[Deleted User]

I will shortly receive a £200 payout from one of my frozen pension funds,its a distribution of orphan funds:j
My question is will I have to declare this as income of any kind,we are in receipt of I/S,c.tax benefit,dla and I/B.

Thanks

healy

If you mean it is a one off payment, you will not need to declare it unless it took you over the capital limit (which seems unlikely).

EdInvestor

Won't it be paid into the pension, rather than arriving in cash?

[Deleted User]

healy wrote: »

If you mean it is a one off payment, you will not need to declare it unless it took you over the capital limit (which seems unlikely).

Cheers Healy,thought that might be the case

[Deleted User]

EdInvestor wrote: »

Won't it be paid into the pension, rather than arriving in cash?

The good news is that there will be 3 bonuses over 3 years paid into the pension plus a one off cash payment:j
Non of which will make up for the losses in the last 2 years:eek: