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Where Taxpayers and Advisers Meet

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by howayman
Wed Jan 09, 2019 6:40 pm
Forum: Income Tax
Topic: Tax code change after retirement
Replies: 1
Views: 127

Tax code change after retirement

I retired in November 2018 and had always been on the PAYE system during my employment. My pension, of course, is significantly less than my previous salary but I received a tax code which removed all my tax allowances. Effectively, my pension is now being taken at 40% with no allowance. How can thi...

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