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Pensions are constantly evolving and there may be changes that affect your membership. Therefore, it’s important to keep up to date with what’s happening.

Do you need to pay tax on your pension savings over the Annual Allowance limit?

Oct 16, 2023, 06:49 by User Not Found
To all ESPS members including RBP: If your pension savings go over the Annual Allowance, you may have to pay a tax charge.

To all ESPS members including RBP

If your pension savings go over the Annual Allowance, you may have to pay a tax charge.

The Trustees have produced a leaflet giving details of what to do in the event your Pension Savings Statement  (PSS) shows that a tax charge is due.

To access the leaflet please go to the Scheme Pays page. 

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