child tax credit and pension

Daisy_maisy

Hi there, Based on the recent budget . I can now take what little I have in my pension due to the recent budget. I understand that 25% is tax free and the remember will be taxed. I have two pension schemes - one with 20K in and another £32K.


My query is will the taxable part of my pension if I withdraw it be taken as income for calculating my child tax credit income.?


Thank you all;)

Stroller133

I think so, if its taxable it will be included on the assessment for income

zagfles

Yes. See http://www.hmrc.gov.uk/manuals/tctmanual/TCTM04300.htm