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Can someone receive a €200k tax free lump sum from their pension and also receive a tax free termination payment of €100k under the Scsb rules in the same tax year? Thanks

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Asked on 29 November 2016 11:52 pm
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Yes, they are separate provisions. However be sure you calculate the SCSB correctly, as you have to take off pension lump sums if it’s an occupational pension. Basic exemption could be available if SCSB is lower.

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Answered on 1 December 2016 8:52 pm