AI summary
Delays in the civil service pension scheme risk causing bereaved families to miss tax-free deadlines, resulting in unjust and potentially significant tax bills.
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Bereaved civil service families could face ‘unjust’ tax bills due to pension scheme delays
Source excerpt
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MPs say ‘chaos’ at Capita-run scheme could mean some claims miss tax-free time limit on lump sum paymentsBereaved families could face “unconscionable” tax bills because of “chaos” in the civil service pension scheme, the government has been warned.Some lump sum pension payments to families are only tax-free if made within two years of a scheme being told of the member’s death. Continue reading...
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