Forum Message

Topic: Re:Taking my State Pension - help please !
Posted by: Jonathan Bingham
Date/Time: 08/05/15 16:25:00

You're pension is taxable income - added to your other taxable income, so if you get your pension now you will be better off, but if you go over the personal allowance you will have to pay tax on the extra.
If you defer taking your pension then you have a choice,you can either take a lump sum later which is also taxable income or you can have your pension increased by 1% for every 5 weeks that you put off claiming, of course this is also taxable.
You have to run the numbers.


Entire Thread
TopicDate PostedPosted By
Taking my State Pension - help please !08/05/15 15:48:00 Maggie Dodge
   Re:Taking my State Pension - help please !08/05/15 16:12:00 Richard Greenhough
      Re:Re:Taking my State Pension - help please !08/05/15 16:29:00 Vanessa Smith
   Re:Taking my State Pension - help please !08/05/15 16:25:00 Jonathan Bingham
      Re:Re:Taking my State Pension - help please !08/05/15 17:01:00 James Roy
         Re:Re:Re:Taking my State Pension - help please !08/05/15 17:07:00 Maggie Dodge
            Re:Taking my State Pension - help please !08/05/15 18:00:00 Phil Kay
            Re:Re:Re:Re:Taking my State Pension - help please !08/05/15 18:15:00 Robert Fish
               Re:Re:Re:Re:Re:Taking my State Pension - help please !08/05/15 19:46:00 Andy Pease
                  Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !08/05/15 20:48:00 Maggie Dodge
               Re:Re:Re:Re:Re:Taking my State Pension - help please !08/05/15 20:56:00 Maggie Dodge
                  Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !08/05/15 23:58:00 Mark Perry
                     Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !09/05/15 08:17:00 Maggie Dodge
                        Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !09/05/15 08:36:00 Micki Hawkes
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !09/05/15 11:33:00 Maggie Dodge
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !09/05/15 11:56:00 Gerry Tan
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !09/05/15 11:35:00 Stephen Gould
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !09/05/15 12:58:00 Sam Hearn
                                 Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !09/05/15 19:36:00 Maggie Dodge
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !09/05/15 21:52:00 Jill Merrett
                                       Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !10/05/15 07:36:00 Micki Hawkes
                                          Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !10/05/15 07:42:00 Micki Hawkes
                                             Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !10/05/15 09:35:00 Maggie Dodge
                                                Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Taking my State Pension - help please !10/05/15 17:01:00 James Roy
                                                   IDS to re-brand the state pension12/05/15 08:14:00 Janine Jarvis
                                                      Re:Stop the Tory Bashing lies - NOW12/05/15 09:14:00 Sam Hearn
                                                         Re:Re:Stop the Tory Bashing lies - NOW12/05/15 09:20:00 Maggie Dodge
                                                            Re:Re:Re:Stop the Tory Bashing lies - NOW12/05/15 11:45:00 Lou Valdini
                                                         Re:Re:Stop the Tory Bashing lies - NOW12/05/15 11:55:00 James Roy
                                                         Re:Re:Stop the Tory Bashing lies - NOW12/05/15 11:55:00 James Roy
                                                            Re:Re:Re:Stop the Tory Bashing lies - NOW12/05/15 13:22:00 Sam Hearn
                                                               Re:Re:Re:Re:Stop the Tory Bashing lies - NOW12/05/15 16:06:00 James Roy
                                                                  Deferring your state pension12/05/15 16:13:00 Bernard Allen
                                                                     Re:Deferring your state pension12/05/15 16:50:00 Sam Hearn
                                                                        Re:Re:Deferring your state pension12/05/15 17:09:00 Will Watson
                                                                           Re:Re:Re:Deferring your state pension12/05/15 17:41:00 Bernard Allen
                                                                              Re:Re:Re:Re:Deferring your state pension12/05/15 18:27:00 Chris Lucy
                                                                                 Re:Re:Re:Re:Re:Deferring your state pension12/05/15 19:38:00 Micki Hawkes
                                                                                    Re:Re:Re:Re:Re:Re:Deferring your state pension12/05/15 20:40:00 Sam Hearn
                                                                                       Re:Re:Re:Re:Re:Re:Re:Deferring your state pension13/05/15 12:12:00 Will Watson
                                                                              Re:Re:Re:Re:Deferring your state pension12/05/15 22:01:00 Susan Kelly
                                                                                 Re:Re:Re:Re:Re:Deferring your state pension12/05/15 22:34:00 Bernard Allen
                                                                                    Re:Re:Re:Re:Re:Re:Deferring your state pension13/05/15 09:49:00 Susan Kelly
                                                                                       Re:Re:Re:Re:Re:Re:Re:Deferring your state pension13/05/15 11:49:00 Bernard Allen
                                                                                          Re:Re:Re:Re:Re:Re:Re:Re:Deferring your state pension13/05/15 19:18:00 Susan Kelly
                                                                              Re:Re:Re:Re:Deferring your state pension12/05/15 22:10:00 Will Watson
                                                                                 Re:Re:Re:Re:Re:Deferring your state pension12/05/15 22:27:00 Bernard Allen
                                                                                    Re:Re:Re:Re:Re:Re:Deferring your state pension13/05/15 09:27:00 Sam Hearn
                                                                                       Re:Re:Re:Re:Re:Re:Re:Deferring your state pension13/05/15 11:43:00 Bernard Allen
                                                                                          Re:Re:Re:Re:Re:Re:Re:Re:Deferring your state pension13/05/15 12:45:00 Sam Hearn
                                                                                             Re:Re:Re:Re:Re:Re:Re:Re:Re:Deferring your state pension13/05/15 20:45:00 James Roy
                                                                                                Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Deferring your state pension23/05/15 17:43:00 Joe Conneely
                                                                                                   Re:Deferring27/05/15 12:37:00 Maggie Dodge
                                                                                                      Re:Re:Deferring27/05/15 16:06:00 Joe Conneely
                                                                                                      Re:Re:Deferring27/05/15 16:26:00 Vanessa Smith
                                                                                                         Re:Re:Re:Deferring27/05/15 16:49:00 Micki Hawkes
                                                                                                            Re:Re:Re:Re:Deferring27/05/15 17:09:00 Maggie Dodge

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