Paying Pension Tax

bigadaj

davieg11 wrote: »

Well with drawdown instead of Annuity the norm now that statement must have been a long while back

Why, unless you are stupid enough to drawdown all at once of course.

robber2

davieg11 wrote: »

I know you can still claim your state pension if you say moved to Spain but what is the tax free allowance if you moved abroad

.

Well, it would depend which country you are resident in for tax purposes. You would probably then be best finding an expat forum to ask the question on.

Rob

ex-pat_scot

jerrysimon wrote: »

We had a pre-retirement course at work a while back (I leave in March) and the speaker said "count yourself lucky if you are required to pay tax on your pension, you are more fortunate than many who dont have big enough pensions to pay tax" !

Jerry

That's a bit like the sales spin George Osborne put on the HR tax threshold capturing ever more people, in a budget statement a couple of years ago: "many people aspire to be in the higher rate band, as a measure of their success". That's some cheek.