tax on pension

[happymackem]

i left royal mail in july and now live abroad i have got my pension from royal mail BUT i am still paying tax on it.i am now living on my RM pension and have no other income
who do i contact to stop paying tax on my pension??????

[baldrick]

Unfortunately you do pay tax on your pension as it is regarded as income.
Hope you are settling in ok in Bulgaria and enjoying a well earned retirement!

[RobertT]

For UK residents pension income is regarded as 'earned' income so is potentially taxed in the same way as your wages.Things can be a bit different if you move abroad and in some cases it will depend on the country you now live in. But you might find this useful:

http://www.hmrc.gov.uk/pensioners/paying-abroad.htm" onclick="window.open(this.href);return false;

[happymackem]

thanks for the replys mates just im getting a LOT of grief from the missus saying i should not pay tax as its my only income

[RobertT]

thanks for the replys mates just im getting a LOT of grief from the missus saying i should not pay tax as its my only income

The fact that it's your only income isn't really the point. It's the amount that you're getting that's important.