× Members

ESA and Income Tax

More
8 months 13 hours ago #289439 by MariW
ESA and Income Tax was created by MariW
I moved from IR ESA to CB ESA in the 2023/24 tax year following a financial legacy.

I understand that CB ESA is a taxable benefit. Is this also true of IR ESA?

Interest rates have been high and I am concerned about crossing the personal allowance. Obviously, I shall inform HMRC if this is the case.

Thank you,

Mari W

Please Log in or Create an account to join the conversation.

More
7 months 4 weeks ago #289492 by Gordon
Replied by Gordon on topic ESA and Income Tax
Mari

IR ESA is not liable for tax.

Gordon

Nothing on this board constitutes legal advice - always consult a professional about specific problems
The following user(s) said Thank You: MariW

Please Log in or Create an account to join the conversation.

Moderators: GordonGaryBISCatherineWendyKellygreekqueenpeterKatherineSuper UserChrisDavid
We use cookies

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.