Bankrupcy and Pensions | AccountingWEB

Bankrupcy and Pensions

I have a client who was made bankrupt in 1994 and a charge was put on his pension by the Official Receiver.  When he turned 60 he bought an annuity and the income from this goes direct to the Official Receiver.  The Revenue have now amended his Notices of Coding to show this pension as taxable on him.  Is this income taxable on my client?



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Mouse007 |
Mouse007's picture

I didnt think this is even possible

zarathustra |
zarathustra's picture

Law changed

Mouse007 |
Mouse007's picture