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Tax-free lump sum
zebltd
Posts: 3 Newbie
in Cutting tax
Dear Team
I took early retirement in June 06 and received a tax-free lump sum in addition to a monthly pension. Of course I must state my taxable pension on the return, but would be v. grateful if someone could let me know if I also need to list the exempt lump sum?
Many thanks
I took early retirement in June 06 and received a tax-free lump sum in addition to a monthly pension. Of course I must state my taxable pension on the return, but would be v. grateful if someone could let me know if I also need to list the exempt lump sum?
Many thanks
0
Comments
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No, it doesn't need to be declared on your tax Return.0
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