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  • Isle of Man Pensions

    Hi I am receiving an Isle of Man pension and live in the UK, I have received a "Pension commencement lump sum commutation" with this pension which was not taxed . Does this Lump sum have to be declared as foreign income in my tax self assessment? Also I have taken taken a small pot pay out from an Isle of Man pension and would like know if the 25% tax free part needs to be declared as foreign income my tax self assessment. Regards