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Tax code and old age pension
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littlemoney wrote: »Polymaff - Thanks. It doesn't help that my first payment of approx of 3 weeks of state pension will be made on 31 March, just 5 days before the end of the tax year. I knew my occupational pension would decrease to pay for the tax on my state pension but I have learnt from previous experience HMRC is not always right.
In that case, there should be no accrual - the following Thursday being in the next tax year.
Wouldn't argue with your final sentiment
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Or, if they sent you a printed notification of your tax code (a P2), turn over the page.:)
Yes I know what you mean about turning the page over :embarasse but when I did turned the page over it said:
"Tax code ending in X shows we will review the tax you have paid after 5 April"0
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