Pension Lump Sum
I am a parent supporting my sons finance application, my husband and I have both sent our details off.
My husband doesn't need to supply any further evidence but I do.
I have returned my P60 but have just looked at a a pension lump sum I received, £4000.00, didn't realise it was for the tax year 2015/16 thought it was this years. Does a lump sum need to be declared, it's been spent now so not relevant to our current financial situation and no interest was earned on it, the tax paid on it was refunded as I earn below the tax threshold. Thank you.
My husband doesn't need to supply any further evidence but I do.
I have returned my P60 but have just looked at a a pension lump sum I received, £4000.00, didn't realise it was for the tax year 2015/16 thought it was this years. Does a lump sum need to be declared, it's been spent now so not relevant to our current financial situation and no interest was earned on it, the tax paid on it was refunded as I earn below the tax threshold. Thank you.
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