Image source, Getty Images- Published20 minutes ago
Bereaved families will no longer be hit by an unexpected tax bill because of severe delays paying out civil service pensions, following a change in Wednesday's Budget.
Under previous HMRC rules, certain lump sum pension payments had to be paid within two years of the pension scheme being notified of a death to remain tax-free.
Campaigners had warned some families could face an unfair financial penalty because of delays which were not their fault.
