State Pension

[jennyjoan]

I get state pension and private pension - (I know I'm a little stoopid here) but do I pay UK tax

[New Judge]

If the annual total of your State Pension and private pension exceeds the current personal tax-free allowance (£12,570) then you will pay tax, at 20% on the excess. The State Pension is paid free of tax but forms part of your taxable income. The taxman collects the appropriate amount by adjusting your tax code downwards by the total of your State Pension and provides that code to your private pension provider.

[davebro]

You will pay tax on the excess of your total income over £12750.
Bank interest is tax free up to £1000

[davebro]

No National Insurance contributions.

[jennyjoan]

ok - thanks - got my answer

[Peter Pedant]

Do you have a tax code ( probablyfor the private pension)
and it is probably paid thro your pension

[jennyjoan]

Peter Pedant - not going to hoke through that. I've got an answer - that'll do me rightly. but thanks for your wee help.