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Old age pension and benefits

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Hi

in December I am 65 and will qualify for OAP.

At the present time due to disability I receive PIP and as I work in a limited way tax credits.

My question is I assume the OAP will effect my tax credits award?

That being the case should I defray taking out my OAP so as to keep getting tax credits or take the OAP.

Seems to be a bit of a minefield as to what is best, or even moral?

thanks

Ian

Comments

  • DomRavioli
    DomRavioli Posts: 3,136 Forumite
    1,000 Posts Combo Breaker
    There is no upper age limit on tax credits - http://www.disabilityrightsuk.org/guide-tax-credits.

    If you receive a pension, but continue working, your tax credits will be revised taking into account the new income stream of your pension.

    Do you mean a state pension or a private pension? Will you continue to work?

    You would be best to ask on the benefits board tbh, not the disability board as there are people there best suited to answer.
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