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Compulsory Purchase Annuity

Do I pay tax?

Each payment will be treated as Pay As You Earn (PAYE) income. This means you will pay tax according to the coding given to you by HM Revenue & Customs when you submit your P45.

You can find more information about tax and pensions at www.hmrc.gov.uk/pensioners

This link is provided for general information purposes only. Standard Life accepts no responsibility for information contained in the site or for the site not being available at all times.

Any reference to legislation and taxation is based on Standard Life's current understanding of law and HM Revenue & Customs practice. Legislation and taxation are liable to change in the future.

 
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Standard Life Assurance Limited (SC286833), Standard Life Savings Limited (SC180203) and Standard Life Lifetime Mortgages Limited (SC193441) are all registered in Scotland at Standard Life House, 30 Lothian Road, Edinburgh EH1 2DH. Standard Life Investments Limited (SC123321) and Standard Life Investments (Mutual Funds) Limited (SC123322) are both registered in Scotland at 1 George Street, Edinburgh, EH2 2LL. All companies authorised and regulated by the Financial Services Authority. Calls may be recorded/monitored. Calls from BT landlines will cost a maximum of 5p per minute. The price of calls from other networks may vary.

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