Will withdrawals from the Flexi-access Drawdown account be treated as taxed income , while withdrawals from Uncrystallised funds will be treated as 25% Tax Free Cash, 75% taxed at marginal income rates?

Yes: For the new feature, on the Uncrystallised account, the assumption is that the client hasn't started drawing any pension income. When they do, the system will ignore 25% of income from this account for tax purposes. If you select the Flexi-access drawdown account, Timeline assumes the client has already taken 25% of their cash tax free and will tax this account in the normal way at marginal rates.

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