Chester65
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RE: Retirement Grant Lump Sum - Late Payment Interest
Thank you for the response and advice. Kind regards. -
Retirement Grant Lump Sum - Late Payment Interest
Hello, I have recently retired in April and have received from my pension provider my Tax Free Retirement Grant Lump Sum payment. In addition I have been paid an interest amount of £299.00 due to late payment to me of the grant. Can you advise please if the interest payment should be declared and if so how I would do this. I have undertaken the online Self Assessment tax return which advises I do not need to send a Self Assessment tax return. Thank you.