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TonyTax
TonyTax, Tax Consultant
Category: Tax
Satisfied Customers: 15946
Experience:  Inc Tax, CGT, Corp Tax, IHT, VAT.
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I earn 32000 pa. This August I get 700 pounds a month state

Resolved Question:

I earn 32000 pa. This August I get 700 pounds a month state pension. How much more tax will I pay
Submitted: 1 year ago.
Category: Tax
Expert:  TonyTax replied 1 year ago.

Hi.

You will pay 20% tax on £700 per month in state pension, ie 140.00 per month. State pension is paid gross so you will need to call the tax office on the number here to have a deduction put in your tax code so that the tax can be collected from your salary.

I hope this helps but let me know if you have any further questions.

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