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    5. With a private pension if you take a lump sum how much tax do you pay on the rest
    With a private pension if you take a lump sum how much tax do you pay on the rest

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    0  Views: 2438 Answers: 1 Posted: 13 years ago
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      1 Answer

      Assuming you are in the UK, your pension lump sum is tax-free. What you pay on your regular pension depends on which tax band your total income brings you into.

      13 years ago. Rating: 2
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