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Tax from Mum's Pension ....does anyone know ?
KeaneFan10
Posts: 203 Forumite
Hello ..My mum gets two pensions from my late fathers works... In April Mum noticed she no longer pays tax on these private pensions ...does anyone know if this is right ..Oh and should add My mum is 65
Mum gets state pension of £ 108 weekly
Jaguar cars £196
BMW £ 79 these two are once a month
Mum gets state pension of £ 108 weekly
Jaguar cars £196
BMW £ 79 these two are once a month
:AAutism isn't the end of the world just a journey to another one:A
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Comments
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It could be because as she is now 65 her personal allowances are higher. More details might help people to give better advice/info.:cool:
"You have enemies? Good. That means you've stood up for something, sometime in your life." Winston Churchill
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Her allowance has increased from £6475 to £9490 due to her age she gets more allowance being 65 !0
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Emmamumof2 wrote: »Her allowance has increased from £6475 to £9490 due to her age she gets more allowance being 65 !
I was only asking Emma ...my mum simply doesn't want to be in any trouble so i thought i would ask for her:AAutism isn't the end of the world just a journey to another one:A0 -
I was only answering, sorry if it came across a different way - always best to be sure with these things especially when its tax
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Hey Emma sorry being over sensitive again
She hates too think shes getting something she shouldn't as its happened in the past ..along with a large overpayment ..she doesn't want that again !:AAutism isn't the end of the world just a journey to another one:A0 -
You may get a better response on the cutting tax board.Sealed pot challenge #232. Gold stars from Sue-UU - :staradmin :staradmin £75.29 banked
50p saver #40 £20 banked
Virtual sealed pot #178 £80.250 -
She's not paying any tax so obviously she cant be getting in cut.
Op, tell your mum its fine. Tax allowance goes up because your mum has
got to 65.make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
Hi
Mum is allowed to have an income of £182.50 per week before she starts to pay tax. Her actual income is £171.46 per week so there is no tax to pay.
Before reaching the age of 65 she would have been paying £9.38 tax per week on the same income.0 -
Thanks Placido !:AAutism isn't the end of the world just a journey to another one:A0
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