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201/2022 state pension vs Personal Allowances

mrsfletch_2 · 2021-03-24 23:10:52

I got my letter from the DWP today, saying what pension I will get for the coming year. So far since my pension started, it has been under the personal allowance by £100 or so. This year, I am a little bit over. Only the main part of my pension has gone up by inflation = 2.5%, while the extra bits from SERPS have only gone…

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JezR Posts: 1,701 Forumite

25 March 2021 at 7:50PM

State pensions are not paid through PAYE. Any income tax due on it will in the first instance be taken from any other income that is paid through PAYE by change of tax code. In the absence of this a demand is generated some months after the end of the tax year.

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201/2022 state pension vs Personal Allowances

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