Tax advisors....

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By *moothshaft OP Man
40 weeks ago

Coventry

.... don't suppose there's any on here is there? I'm being slaughtered by HMRC.

I'm collecting my state pension, and still working. I have no personal allowance now, I'm taxed on ALL my earnings

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By (user no longer on site)
40 weeks ago

You will still be entitled to your personal tax allowance of £12570.

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By *alandNitaCouple
40 weeks ago

Scunthorpe

".... don't suppose there's any on here is there? I'm being slaughtered by HMRC.

I'm collecting my state pension, and still working. I have no personal allowance now, I'm taxed on ALL my earnings

If your pension is more than the £12570 personal allowance, then you will pay tax on everything you earn at work... and probably a bit on the remainder of your pension.

Cal

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By (user no longer on site)
40 weeks ago

"You will still be entitled to your personal tax allowance of £12570. "

I should of explained that your pension income and earnings will be totalled together for the year, less the £12570, then you'll be fully taxed on anything above the £12570. Tax is a bugger.

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By *moothshaft OP Man
40 weeks ago

Coventry

".... don't suppose there's any on here is there? I'm being slaughtered by HMRC.

I'm collecting my state pension, and still working. I have no personal allowance now, I'm taxed on ALL my earnings

If your pension is more than the £12570 personal allowance, then you will pay tax on everything you earn at work... and probably a bit on the remainder of your pension.

Cal"

Yes Cal, my pension is more. I'm buggered now.

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