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Aquestion about tax after retirement

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windermeredave
EX ROYAL MAIL
Posts: 265
Joined: 08 Mar 2010, 13:37
Gender: Male

Aquestion about tax after retirement

Post by windermeredave »

I am due to retire at the end of August and I have queries about how and how much tax is paid for the rest of the financial year.
I have worked out that with my state and company pension I should be paying around £12 a week. how long will it be before I have my new tax code and notice the difference?
Secondly is the tax deducted from the state pension the company pension, or a combination of both?

Of course this is a question for already retired members..I hope it makes sense