We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Drawing pension while working....NI?
portchieboy
Posts: 617 Forumite
I will shortly be drawing a pension as well as working, at least until I reach 60 when I will be retiring.
Do I pay NI as well as tax on the 'second' income......presumably when I stop working totally, I will only pay tax?
Do I pay NI as well as tax on the 'second' income......presumably when I stop working totally, I will only pay tax?
O would some power the giftie gie us to see ourselves as others see us.
(O would some power the gift to give us to see ourselves as others see us.)
Robert Burns
(O would some power the gift to give us to see ourselves as others see us.)
Robert Burns
0
Comments
-
Pension income is not subject to NI. Tax though is payable so make sure you are aware of what you should be paying.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.6K Work, Benefits & Business
- 602.9K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards