One-off taxable income payment request

Tax information

We'll tax your client's income payment using the tax code provided to us by HMRC.

If your client takes a large lump sum from their pension savings at the start of the tax year or HMRC don't have the right tax code for them, they could end up paying more tax. They may be able to reclaim any tax by visiting the HMRC website and completing the relevant online form.

Tax rules depend on individual circumstances and may change.

This website is intended for financial advisers only and shouldn't be relied upon by any other person. If you are not an adviser please visit royallondon.com.

The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.