We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Tax refund on pension
amersall
Posts: 17,037 Forumite
What form for tax refund to fill in after taking full pension pot and still working?.
Trawled the internet and still no wiser:D
Trawled the internet and still no wiser:D
0
Comments
-
P53Z where you have accessed the whole pension in one go and have taxable income in the same tax year
P50z where it is the whole pension in one go but are not working or receiving benefits.
P55 where it is part access with no plans to take any more in the same tax year.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Thanks dunstonh.
They need 2 parts of P45, how do you get this if you are still working?, it says pension provider will give you this, is this right?.0 -
Thanks dunstonh.
They need 2 parts of P45, how do you get this if you are still working?, it says pension provider will give you this, is this right?.
They are after the P45 from the pension provider. You get that shortly after the transaction is completed.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Thanks,you are a star.
I will pass that on.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards