Income tax

[Andy09]

Income tax is taken from State Pension before it is paid. Can anyone out there tell me how much tax will have been deducted from a payment of £409. I pay tax at basic rate.

[Maydup]

Are you sure income tax is taken from State Pension before it is paid?

The tax allowance for over 65's is over £9k and only if the income is over that is tax deductable surely.

[The-HouseHusband]

Andy is that a weekly or monthly amount?

If it is weekly you have got a good state pension and will be paying tax!!

If it is a monthly amount then you have used less than half your tax allowance in a year. Have you got any other taxable income coming in??

[twix123]

The State Pension is always paid before deduction of Income Tax. Dependent on your allowances and other income, you may have to pay up to £81.80 on this payment.

[factor-fiction]

I assume you also have income from a private pension. The total tax you pay will be based on your combined state and private pension taking account of your allowances. I think the tax is taken from the private pension not the state pension

[classylady60]

No income tax is taken from the state pension before it is paid, it's paid gross. Private pensions are taxed at source and as Maidup says you only pay income tax on income over your personal allowance.

[Andy09]

Thanks the 5 who replied to my query.