News Portalമലയാളം
World

Families of the bereaved spared tax charges caused by pension delays

New rules will stop families of people who have died from being charged tax because of delays in pension payments.

1 min readമലയാളം
BBC Business

Under new rules, families who have lost a relative will not be made to pay a tax bill because of delays in pension payments. The change follows warnings from campaigners that some families could face an unfair financial penalty for delays that were not their fault.

The campaigners argued that the burden should not fall on relatives when the holdup lay elsewhere in the system.

Settings