State Pension Tax

Your State Pension (see The Basic State Pension) in all its forms, including Additional State Pension (see State Second Pension), is considered to be a taxable source of income. If you are currently receiving state benefits some of these may also be subject to tax. Other state benefits are exempt from tax. However, if you have a low income then you may not be required to pay any tax on your pension or benefits. You are allowed a certain amount of income every year before you must begin paying Income Tax. You should contact your local tax office if you are uncertain of whether you are required to pay taxes, or if you are unsure of how much tax you will need to pay. If you consider that you have paid too much tax, you may be able to reclaim some of what you previously paid. It is a good idea to double check your tax situation with your tax office, to ensure that you are not paying more tax than you ought and prevent prosecution for avoiding tax payments. For more information on Income Tax, including rates and payment see the articles

• Income Tax
• Income Tax Personal Allowance
• Income Tax Rates
• Paying Income Tax