Thank you in advance for your advice.
My mother receives the follow monthly pension:
1) Occupational Pension Gross £1,637 Tax £342 Net £1,295
2) Occupational Pension Gross £427 Tax £85 Net £342 (This is 50% of my late father’s pension
3) State pension £765
I'm presuming she needs to complete a self-assessment re the above?
In addition to the above she also earns rental income.
At what point ie after how much rental income will she start paying 40% tax?
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