STATE PENSION is a sum of money paid to those over the state pension age. How much you get depends on the amount of national insurance you have paid throughout your life. But can you be taxed on your pension?
The short answer is yes, state pensions are taxed as they are treated as income.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
State pension UK: What is state pension age? Age you can claim fund is changing next monthSTATE pension age has been rising for both men and women in recent years, and its set to continue beyond 2019. What is the current state pension age, and what will happen when the latest changes come into effect next month?
Read more »
Full list of benefit and state pension changes from today - find out how you're affectedBENEFITS claimants and pensioners will see a boost to their take home pay from this month as some payments from the state are rising. The state pension, for example rose by the triple local –…
Read more »
State pension: How much is in my pension? How can I check how much I will get?STATE PENSION is a sum of money that most Britons will collect depending on how many national insurance payments they have made. Mow much is in your state pension? How can you get a state pension forecast and check how much you could get?
Read more »
Does deferring state pension save money? When claiming payment may lead to bigger tax billSTATE pension is a subject which can seem confusing, especially when there’s the option of delaying your state pension payments. It will depend on personal circumstances, but there could be good reason to defer your state pension, and that’s the amount of tax that you may pay.
Read more »
Topshop's Philip Green plans to halve Arcadia pension paymentsBillionaire in talks about cutting payments by £25m as part of turnaround plan
Read more »
Ten million face higher pension paymentsA bigger chunk of wages will now be automatically diverted to a pension, but employers will put in more too.
Read more »
Boost to workplace pension gives 10 million more cash in old ageBut you could face a £38,000 bill for the privilege
Read more »
Opinion: Why the increase to workplace pension contributions is a much bigger deal than you thinkTo some this will seem just another of those irritating little deductions that come through on salary slips, but in reality the amount you contribute will have a huge impact on your future
Read more »
Pensions watchdog faces MPs' scrutiny over Arcadia deficitThe Pensions Regulator faces fresh scrutiny from MPs over its supervision of Arcadia's retirement schemes, Sky News learns.
Read more »
Pension tax row risks 'absolute crisis' with one in 10 NHS doctors quittingThe NHS could lose 10pc of its doctors in a dispute over pension tax bills, creating an "absolute crisis" that leaves it struggling to care for patients as the number of junior replacements falls.
Read more »