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Recent content by TZ5

T
Pensions & Tax

Thanks for your detailed response. I'm sure one of the many talented members on the forum may know the answer
- TZ5
- Post #3
- Apr 25, 2016
- Forum: Accounting / Legal
T
Pensions & Tax

Assuming I have no other income and I take £20,000 out of a personal pension, which of the following would be the correct amount of tax due? 1. First 25% of pension is tax free so 5k tax free, 11k personal allowance, so tax due on remaining 4k @20% =£800 tax 2. 11k personal allowance, leaves...
- TZ5
- Thread
- Apr 25, 2016
- Replies: 13
- Forum: Accounting / Legal

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