Thank you for your feedback.

Was this useful?

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:

https://www.hmrc.gov.uk/manuals/eimanual/eim74651.htm

Thank you for your feedback.

Was this useful?