Superannuation Lump Sum Taxed

B

Ballina

Registered User
Messages
28
Hi, I was recently retired from the Health Service on Ill Health Grounds. My Lump Sum was taxed before I got it. Is this right? I thought pension lump sums were tax free? I didn`t have full service so it was only about €65000 before tax.
 
The pension lump sum (at that level) should not be taxed. Are you sure any deduction was tax and not some arrears of contributions for say the Spouses and Children’s benefit?
I suggest you query the deduction with the HSE pensions office.
 
Conan said:
The pension lump sum (at that level) should not be taxed. Are you sure any deduction was tax and not some arrears of contributions for say the Spouses and Children’s benefit?
I suggest you query the deduction with the HSE pensions office.
Click to expand...
Did you receive any previous lump sums? What tax amt did you pay?
 
Thank you for your reply Conan, I ended up taking the Cert to an Accountant who sent it to Revenue for a refund.
 
You must log in or register to reply here.
Back
Top