Hello, I am about to retire and I would like to know if I will still have to pay any taxes.
If your pension exceeds your tax-free personal allowance you have to pay the Income Tax. Only if your personal allowances are higher (or the same as) your taxable income (the pension in your case), you don’t need to pay any taxes.
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Hi Mike, The form you need to complete is VAT 193 (VAT 197 in Wales). I would recommend you to u...
Thanks for the tips!