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Transitional move IB to ESA

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10 years 9 months ago - 10 years 9 months ago #105424 by LUANAN
Transitional move IB to ESA was created by LUANAN
Hi,
Just wanted a definitive answer whether I should be taxed on my ESA. I recently was transitionally moved from Pre 1995 IB to contribution based ESA. My final tax code which I received on 27/04/13 is 810L. I was moved over from the 10/10/12.
Thank you
Last edit: 10 years 9 months ago by slugsta.

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10 years 9 months ago #105425 by slugsta
Replied by slugsta on topic Transitional move IB to ESA
Hi Luanan,

I'm afraid that ESA is not exempt from tax, even for people who had an exemption on IB. It is covered in this FAQ

My IB was tax exempt; will it still be under ESA?

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