Bereaved civil service families could face ‘unjust’ tax bills due to pension scheme delays
MPs say ‘chaos’ at Capita-run scheme could mean some claims miss tax-free time limit on lump sum payments Bereaved families could face “unconscionable” tax bills because of “chaos” in the civil service pension scheme, the government has been warned. Some lump sum pension payments to families are only tax-free if made within two years of a scheme being told of the member’s death. Continue
Àkótán ìròyìn
MPs say ‘chaos’ at Capita-run scheme could mean some claims miss tax-free time limit on lump sum payments Bereaved families could face “unconscionable” tax bills because of “chaos” in the civil service pension scheme, the government has been warned. Some lump sum pension payments to families are only tax-free if made within two years of a scheme being told of the member’s death. Continue
Tẹ̀lé ìròyìn tuntun láti ọ̀dọ̀ àwọn olùtẹ̀jáde tó ṣeé gbẹ́kẹ̀lé pẹ̀lú àkótán kúkúrú. Ṣí ìjápọ̀ orísun àtilẹ̀wá fún àlàyé.