Donate SIGN UP
Home > Business & Finance > SERPS

SERPS

Avatar Image
codswallop | 15:36 Thu 17th Mar 2011 | Business & Finance
3 Answers
Can someone please explain to me the above method of taxation and why I seem to be losing out on my State pension because of it ??.Thanks!!!
prev New ISA or pay off mortgage?
  
next Failure to declare unearned income
Gravatar

Answers

1 to 3 of 3rss feed

Best Answer

No best answer has yet been selected by codswallop. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Avatar Image R1Geezer
SERPS is the governement scheme for a pensiion above and beyond the state pension. It is not really taxation as it is voluntary. You will not be missing out on your state pension because of SERPS the two are entirely separate. The state pension you get depends on the number of years NI you pay, for a full state pension you need, I think these days, 30 years worth. SERPS is irrelevant to that.
16:06 Thu 17th Mar 2011
Avatar Image codswallop
Question Author
Thanks very much for that explanation!!
16:17 Thu 17th Mar 2011
Avatar Image factor-fiction
I know a bit about SERPS but don't understand your question and was going to ask for clarification. However it seems it may have been answered to your satisfaction now. Let us know if you need any further info on this.
11:05 Sat 19th Mar 2011

1 to 3 of 3rss feed

Do you know the answer?

SERPS

Answer Question >>