State Pension question

[Doctorfern]

Hi,
Please can someone advise re this ?
Married couple - Husband under 65 and currently claiming his private pension which is taxed at source.
When 65 does he again pay tax on his state pension also? Is there an amount you have to earn ( as in employment ) before you are taxed in retirement.
I am getting conflicting stories when trying to check this out !

[TCL-MUMPING]

The tax allowance for those 65-74 is currently �9,030, rising to �9,490 for 2009/10. HMRC will notify the private pension provider of the new tax code and it will be adjusted to take into account the State Pension. Any tax payable on the State Pension will be deducted from the private pension.

http://www.hmrc.gov.uk/pensioners/pension-stat epension.htm

[Buenchico]

You ask "Is there an amount you have to earn ( as in employment ) before you are taxed in retirement?.

Pensioners have a higher personal allowance than younger people. At present the basic personal allowance (i.e. the amount of income that isn't taxed) for someone under 65 is �6035. At age �65 that rises to �9030. However, if a pensioner has an income greater than �21800 their personal allowance starts to go down. (It goes down by �1 for every �2 of income above �21800, but it can't go below �6035):
http://www.hmrc.gov.uk/incometax/personal-allo w.htm

For the whole picture, start here:
http://www.hmrc.gov.uk/pensioners/index.htm

Chris

[Doctorfern]

Thankyou very much for your two answers, and further info.

Much appreciated.

[rov1200]

Just a small addition to the answer above. Come the new tax year in April the personal tax allowance for a 65 year old increases from �9030 to �9490