B boaber Registered User Messages 493 12 Jan 2007 #1 Hi there Does anyone know if drawdowns on ARFs are subject to the 2% Health Levy if the member is under age 70? as well as tax at 20% or 41% depending on the individuals circumstances? Cheers
Hi there Does anyone know if drawdowns on ARFs are subject to the 2% Health Levy if the member is under age 70? as well as tax at 20% or 41% depending on the individuals circumstances? Cheers
P Pseudonym Registered User Messages 53 13 Jan 2007 #2 Hi, As far as I know any drawdowns from an ARF are subject to PAYE + the 2% Health Levy. Regards
M murp Registered User Messages 30 22 Jan 2007 #3 I wouls suspect they would be, there is an exemption from the health levy but off the top of my head it doesnt kick in until age 75.
I wouls suspect they would be, there is an exemption from the health levy but off the top of my head it doesnt kick in until age 75.