Tax Threshold

I get my state pension every four weeks. I am 67 and still working. If I go part time and start earning below the £12,500 tax threshold will I still pay tax because of my state pension?

Comments

  • comeandgo
    comeandgo Posts: 5,742 Forumite
    First Anniversary Name Dropper First Post
    If your total income is less than £12,500 then that takes you to your tax allowance, no tax   If you mean your earnings are 12,500 and you have your pension above that then yes you will be taxed.
Meet your Ambassadors

Categories

  • All Categories
  • 343.1K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.2K Work, Benefits & Business
  • 607.9K Mortgages, Homes & Bills
  • 173K Life & Family
  • 247.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards