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state pension and tax

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123bernadett | 19:06 Tue 24th Mar 2009 | Personal Finance
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If i should receive a pension of �528 p,m, from govt and earn�627 p,m, from employer how much money will i have?
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Avatar Image barry1010
How old are you? Your personal tax allowance is higher for those aged 75 and over.
19:08 Tue 24th Mar 2009
Avatar Image 123bernadett
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I will be 60 in 2 months
19:10 Tue 24th Mar 2009
Avatar Image barry1010
Your income will be 13860 per annum and your tax allowance will be �6475 (from April).

You will be paying tax at 20% on �6985 = �1397

13860 - 1397 = �12463 per annum
�1038.58 per month
�958.68 per 4 weekly
19:16 Tue 24th Mar 2009

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state pension and tax

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