My fathers work pension.

[Pollysam6]

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?

[Pezza54]

Hi
Please read the guidance at www.gov.uk/tax-on-pension-death-benefits
As your father was over 75 when he died, income tax is payable by the provider
The amount of income tax should be based on the individual beneficiaries income tax rate at the time the lump sum is paid out.
You should check with the provider to find out if £12k tax deduction is correct.
You can claim back from HMRC any over payment of income tax at the end of the tax year