It is treated as untaxed income of a beneficiary who is resident in the UK.
Payments from non-resident trustees are returned as untaxed income.
If the payments are from non-resident trustees they are deemed to be untaxed income.
For the forms, such retirement funds are considered untaxed income.
The days when untaxed income or capital could be safely salted away offshore, beyond the reaches of the taxman, are long gone.
The federal formula does indeed consider child support, as untaxed income.
Many forms of untaxed income, everything from employee fringe benefits to mortgage-financed housing, remained untaxed.
You should advise of any untaxed income and any tax due on that income.
For these purposes, income is calculated by summing the adjusted gross income plus all untaxed income.
Thus a Flat Tax proposal is not fully defined until it differentiates new untaxed income from a pass-through of already taxed income.