Redundancy/Tax/Pension

vivasorrvega · 2015-10-15 11:13:36

Hi all, I'm hoping someone can help with my query. I am taking redundancy soon and am thinking of taking the higher exemption to avail of a greater tax free allowance. I'm aware that this forfeits your right to a lump sum from pension. I currently don't have a pension but will have one in the future. My question is: by…

15-10-2015 12:13PM

#1

vivasorrvega

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Join Date: October 2015

Posts: 2

Hi all,

I'm hoping someone can help with my query. I am taking redundancy soon and am thinking of taking the higher exemption to avail of a greater tax free allowance. I'm aware that this forfeits your right to a lump sum from pension.

I currently don't have a pension but will have one in the future. My question is: by taking the higher exemption, do I forfeit my right to a lump sum from all future pensions or just the one linked to my current employer?

Many thanks.

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Comments

#2 21-10-2015 02:47PM

gerrybbadd

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Posts: 9587

It's just the pension from that company

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