Hi,
my father passed away recently and i am the sole beneficiary of his pension pot. He had just over 32k. The provider have contacted me saying the they will deduct just over 12k due to tax as he was over 75. Will i still get taxed on top of this with the remainder like income tax?
my father passed away recently and i am the sole beneficiary of his pension pot. He had just over 32k. The provider have contacted me saying the they will deduct just over 12k due to tax as he was over 75. Will i still get taxed on top of this with the remainder like income tax?
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