Lump sum: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing 22/8/13) |
||
Line 1: | Line 1: | ||
''Pensions.'' | ''Pensions.'' | ||
The rules of many occupational pension schemes permit an element of pension entitlement to be commuted to a lump sum on retirement. These payments may not be liable to tax. | |||
The rules of many occupational pension schemes permit an element of pension entitlement to be commuted to a lump sum on retirement. | |||
These payments may not be liable to tax. | |||
== See also == | == See also == | ||
* [[Commutation]] | * [[Commutation]] | ||
Revision as of 10:39, 22 August 2013
Pensions.
The rules of many occupational pension schemes permit an element of pension entitlement to be commuted to a lump sum on retirement.
These payments may not be liable to tax.