Two options are available when paying a lump sum superannuation death benefit to a SIS dependant who is a non-tax dependant, such as an adult child. The sum death benefit can be paid directly from the ...

Hint: the longer you leave it, the bigger the tax-free lump sum you could end up with. As the name suggests, you can take a quarter of your pension pot tax-free. This means you don’t need to pay ...

Is there a difference between lump sum payments and monthly installments? Is tax applicable on alimony received in the form of property? This article will help you answer all these questions.

Once you reach age 55, you can start to make withdrawals from your pension, including a 25 per cent tax-free lump sum - the minimum age is rising to 57 in 2028. You can either withdraw the whole ...

His Majesty's Revenue and Customs (HMRC) has updated its international manual, providing guidance on the tax treatment of lump sum pension payments in accordance with the UK's double tax ...