Business2 sources

Bereaved civil service families face tax bills due to pension delays

  • Bereaved families could face tax bills due to delays in pension payments.
  • Some lump sum pension payments are tax-free if made within two years of the member's death.
  • The delays are attributed to the Capita-run pension scheme.
  • MPs warn of 'chaos' in the pension scheme, leading to potential tax issues.
  • Families should not be taxed due to the delays, according to the chairman of Parliament's Public Accounts Committee.
Bereaved civil service families face tax bills due to pension delays | Split Angle