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Tax Free Cash

Most pensions allow some of the pension fund value to be withdrawn free of Tax. When crystallising benefits a person is normally entitled to take up to 25% of their pension fund as tax free cash. This tax free cash lumps sum is now referred to a pension commencement lumps sum or PCLS. However, sometimes pension scheme provide more than 25% so it is important to check with your pension provider.

Address 85 High Street Tunbridge Wells Kent TN1 1XP

Telephone Number 01892 320449

Email Address work@abacusadvice.co.uk

Company Reg No: 03694074