Have Tax Questions? Ask a Tax Expert for Answers ASAP
Hello Keith, Many thanks for your prompt reply. Does this mean that until I qualify for my State Pension (in January 2016) that the £164 tax would be taken off my Teacher's pension payments and not the local govt. pension payments?
Also, I have been offered a part time position as a Teaching Assistant from this June until January which would pay £3,000 gross in total. Is it worth taking this job or would it just incur a hefty liability (how much?) and, would this tax be taken from my wages or from my Teacher's pension??? I'm in a bit of a muddle and would appreciate it if you could shed any light on the situation for me.
I look forward to hearing back from you. Thanks again, Janet