This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

Pension and tax

Sunnyd
Posts: 7
Joined: Wed Aug 19, 2020 9:58 pm

Pension and tax

Postby Sunnyd » Fri Aug 21, 2020 5:58 pm

My uncle passed away. He had a workplace pension which pays out now every month to my aunt.
Does she need to declare tax on this or is it taxed automatically before it reaches her bank account?

darthblingbling
Posts: 372
Joined: Wed Aug 02, 2017 9:09 pm

Re: Pension and tax

Postby darthblingbling » Fri Aug 21, 2020 6:42 pm

Should be done under PAYE, so likely fine. Does she get payslips?

Sunnyd
Posts: 7
Joined: Wed Aug 19, 2020 9:58 pm

Re: Pension and tax

Postby Sunnyd » Fri Aug 21, 2020 6:57 pm

No payslips as far as i know it just gets paid into her bank account from the pension provider where my uncle used to work .
She does work 2x a week. So payslips from there i suppose.


Return to “Savings & Investments, Pensions & Retirement”