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taxadvisor.uk
taxadvisor.uk, Chartered Certified Accountant
Category: Tax
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Experience:  FCCA - over 35 years experience as a qualified accountant (UK based Practitioner)
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I am 56 year old, thinking of taking my company pension early.

Customer Question

I am 56 year old, thinking of taking my company pension early. Can I still work part time and what hours and pay can I have without it affecting my pension
Submitted: 11 months ago.
Category: Tax
Expert:  taxadvisor.uk replied 11 months ago.
Thank you for your question...Your company pension should not have any bearing on what hours you work part time and/or what earnings you have from this part-time job.Your company pension will be added to your other income including part-time earnings to establish your total tax payable.This additional income would not affect your pension as the pension would be based on your earnings etc pertaining to that employment. I hope this is helpful and answers your question.If you have any other questions, please ask me before you rate my service – I’ll be happy to respond.

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