If you are about to retire, whether that be from taking a private pension or your State pension, you may wonder if your pension will be taxed. Continue reading Is My Pension Taxed?
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Do I Still Pay Tax When I Retire?
Many people are under the impression that when they retire they will no longer have to pay any tax. Unfortunately this is not true. There is one benefit of reaching State Pension Age and that is that you no longer have to pay National Insurance Contributions. However, tax is another matter. Continue reading Do I Still Pay Tax When I Retire?