Sorry but another pension/tax code question!

XzavierWalnut

eastcorkram said:

XzavierWalnut said:

dunstonh said:

XzavierWalnut said:

WOW, I'm astounded.
Did not realise how keen folks are to pay income tax.

Better to earn enough to pay tax than earn less and pay no tax.

Agree, but I retired at 59 earlier this year, after working since I was 16, and have no plans to pay anymore income tax.
This all seems a bit tit for tat.
The OP was questioning why they were no better off.
My wife was semi retired for several years and even when she was getting her state pension she was paying 40% tax.
What is the point? 

So, are you living on less than £13k a year?

Yes from taxable income, but you can earn about £17.5k without paying tax. I also have several tax free investments and savings. I'm not planning on leaving any money to anyone when I pop off.