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Posted Wed, 24 Apr 2024 09:59:59 GMT by mrburns27
A relative of mine died leaving behind a defined contribution pension of £44k. The pensions pot was not touched - no withdrawals were made. He died aged 80. The pension pot is to be passed to me to be withdrawn as cash. I understand tax is due at my income tax rate. My income each year is 12k, so I expect most of this pot will be taxed at around 20% I am unclear on how this tax is to be paid, do I have to fill out a form? If so which form and when/where do I submit this form, assuming I receive this money in the tax year 24/25.
Posted Tue, 30 Apr 2024 10:03:42 GMT by HMRC Admin 8
Hi,
Please refer to guidance at:
Tax on a private pension you inherit
Thank you.

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