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From: Debra L
If someone on a pension sells an investment property and receives a profit from the sale. Once capital gains tax has been paid, does the remainder of the profit that they have made have any effect on the pension they are receiving?
Does the DSS view capital gains as income, and reduce the pension entitlements for that financial year?
Thank you in advance for your assistance.
Debra
If someone on a pension sells an investment property and receives a profit from the sale. Once capital gains tax has been paid, does the remainder of the profit that they have made have any effect on the pension they are receiving?
Does the DSS view capital gains as income, and reduce the pension entitlements for that financial year?
Thank you in advance for your assistance.
Debra
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