Esteban Gil

Thanks for the reply, doesn't this money count toward your income for the year, hence pushing you over the tax allowance with your regular salary....? Eg if you have a lump sum of 13k does that then mean all your salary is now taxable from the moment you get the sum, even if the sum is tax free in itself....I hope that makes sense.

Hello there, I'm wondering if you can help me please? As of this year I am able to take amounts from my pension , so far I have taken a couple of lump sums, one a very small amount that I believe I've paid tax on and the other much larger amount is the tax free portion of a pot. In order to keep my affairs in order , I'm wondering if I need to declare it to keep my PAYE in order etc as it would swallow up the majority of my Tax free allowance for the year. If so, how do I do this and can I do it via the app? Any and all advice gratefully received.