Superannuation and tax

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pineapple

pineapple Posts: 6,931 Forumite

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14 March 2010 at 2:05PM in Pensions, annuities & retirement planning

Hi all
Will hopefully be collecting a superannuation lump sum and income in a few months time.
Can anyone tell me whether these are taxable?
Cheers

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jem16 Posts: 19,404 Forumite

14 March 2010 at 2:12PM
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Lump sum won't be. Income will be taxable but whether you will be taxed depends on whether it's more than your personal allowance.

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