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I am not working at the moment and my pension savings are in two vested benefits accounts. Do I have to declare these on my tax return?
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I am not working at the moment and my pension savings are in two vested benefits accounts. Do I have to declare these on my tax return?
Hi there,
Vested benefits are not taxable and do not have to be declared in your tax return. Only after you cash out 2a pension savings does the money become taxable.
Best regards from Moneyguru
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