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13th Apr 2002, 16:56

#10 (permalink)

only1leftmate!

Join Date: Feb 2001

Location: home, home on the Range

Posts: 37

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Are you 100% sure about the tax-free bit?

There is a tax-free bonus but I'm sure that the commutable element of the pension will attract tax at the going rate. Thats a big tax bill- especially if you've just blown the lot on sweeties!