We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
Taxation of State Pension
Comments
-
You are right. From April, my State Pension will be £13,248 which is £678 more than the personal allowance. That is £135 tax a year.blue.peter said:EDIT: Having state pensions exceeding the personal allowance presents a practical difficulty for HMRC and hence the Treasury.I have osteoarthritis in my hands so I speak my messages into a microphone using Dragon. Some people make "typos" but I often make "speakos".0 -
You are right. From April, my State Pension will be £13,248 which is £678 more than the personal allowance. That is £135 tax a year.
But just think, now you will be able to look the younger generation in the eye when those complaints about vast SP increases start up again.....
0 -
Is that your only taxable income?You are right. From April, my State Pension will be £13,248 which is £678 more than the personal allowance. That is £135 tax a year.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602.1K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards