pension tax

Discussion in 'Finance & Pensions' started by stitcher, Nov 11, 2012.

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  1. Your allowed your non taxable allowance and then you start paying tax at 20%,if you get made redundant your allowed your tax free pension lump sum but everything else including wages for that year is taxed.If being made redundant the trick is to go in April.I found this out to my cost.

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