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Tax on pension.

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
Metalman
Posts: 73
Joined: 10 Oct 2007, 05:34

Tax on pension.

Post by Metalman »

Why is my NRA60 pension being taxed using the BR tax code?
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Schiff
Posts: 544
Joined: 01 Nov 2016, 22:02
Gender: Male

Re: Tax on pension.

Post by Schiff »

Metalman wrote: ↑
14 Mar 2023, 18:20
 Why is my NRA60 pension being taxed using the BR tax code?
Are you still working? If so then you will be due to pay basic rate tax on your pension as you will still be using your tax free allowance against your wages.
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