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SINGLE OAP PENSION


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13 hours ago, catmiss said:

My retirement date is 6th May and, a single adult, I’ll receive £184.64 per week but this includes approx £20 SERPS. Hopefully they’ll stop taxing me on the small NHS pension I had to take when I was 60

Unfortunately, you'll probably find that you will be taxed more on the NHS pension once your State Pension kicks in. The reason being the state finds it easier to pay you your Pension tax free and use your private pension provider to work out and deduct your whole tax.

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