Taxing of Lump Sum

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Conference
2003 Retired Members' Conference
Date
3 September 2003
Decision
Carried

Conference is opposed to any proposal to tax the lump sum that is paid to widows/widowers in the event of a pensioner dying within five years of retirement. Such lump sums are currently tax-free.

Conference requests the National Retired Members’ Committee to ask the National Executive Council to organise a campaign to oppse this proposal and any other proposal that would impose unfair tax impositions upon widows/widowers.