PEP -Help

pinoyLiz
pinoyLiz Registered Posts: 92 Regular contributor ⭐
in General accounting discussion
Hello,

How do PEP being tax?

Many thanks
L

Comments

  • K H
    K H Registered Posts: 81 Regular contributor ⭐
    Pep

    If you are referring to Personal Equity Plans there were disbanded (you were not able to pay into them anymore) several years ago (from 5th April 1999).

    They are tax free and were replaced by ISA's.

    Although some people may still hold them as investments they are still tax free.

    I hope this helps



    K H
  • pinoyLiz
    pinoyLiz Registered Posts: 92 Regular contributor ⭐
    THanks KH

    Hi K H ,

    Thanks for the help. So I don't have to declare this income then on the SAR? Cheers

    Regards
    L

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