This site is intended for health professionals only

At the heart of general practice since 1960

Are there some large tax bills I should be planning for on retirement?

I had always understood that the lump sum payable on retirement is tax free but recently a colleague retired and found he faced a large tax bill. Is the lump sum tax free, and are there other large tax bills we should prepare for when planning retirement?

A GP in Exeter, Devon

Rate this article 

Click to rate

  • 1 star out of 5
  • 2 stars out of 5
  • 3 stars out of 5
  • 4 stars out of 5
  • 5 stars out of 5

0 out of 5 stars

Have your say