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Tax for OAP
Silverbird65
Posts: 451 Forumite
in Cutting tax
How do you work out if you pay tax on interest. I have my new pension rate plus very small co pension from opt out. That's it plus my interest income. It's so complicated . Help.
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Comments
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Other than that paid in relation to an ISA, how much interest do you expect to receive in a year?
How much do you expect to receive from your state and company pension in a year?1 -
About £3000 it's different each year depending on rates.0
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https://forums.moneysavingexpert.com/discussion/6198895/tax-and-pension#latest
The Personal Allowance for the current tax year is £12570
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