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Accessing Pension Fund - Advice needed
Comments
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Nope. It's the same as any other kind of income tax, which doesn't work like that. What you can do, if you don't need all the cash immediately, is stagger the withdrawal over a number of tax years, to use up unused tax allowances in future years.
Also, this isn't the right place to raise the question - best in future to start an individual thread.I am a Technical Analyst at a third-party pension administration company. My job is to interpret rules and legislation and provide technical guidance, but I am not a lawyer or a qualified advisor of any kind and anything I say on these boards is my opinion only.0 -
Thanks chaps.
Damn.0
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