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unearned income
elliott2
Posts: 13 Forumite
Are the 25% tax free lump sum from a personal pension and a deffered state pension lump sum classed as unearned income by the Tax Office and thereby taxable?
0
Comments
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a tax free lump sum is tax free...
a pension payment (income) is income if you take it now, or later, and taxable (unless the rules, or your tax threshold changes).0 -
THe clue is in the name "tax free"0
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