PTP Pension Lump Sum not appearing on the tax computation
- Article ID
- kba-02860
- Article Name
- PTP Pension Lump Sum not appearing on the tax computation
- Created Date
- 14th July 2011
- Product
- Problem
- The clients lump sum state pension is not appearing within the income section at the top of the tax computation
- Resolution
This is correct. The lump sum payment will give rise to a charge which is calculated at the lowest rate of tax which is applicable to the other income, excluding the lump sum, for this client. More information can be obtained from this section of the HMRC website:
We are sorry you did not find this KB article helpful. Please use the box below to let us know how we can improve it.
