Tax on pension income
On this page we look at what pension income is taxable and provide an overview of how it is taxed.
On this page we look at what pension income is taxable and provide an overview of how it is taxed.
If possible, it is a good idea to plan ahead before taking money from your pension. Here we look at why this is important and introduce some of the key considerations to be aware of.
If you meet the eligibility criteria to be auto-enrolled into a workplace pension, then your employer must usually do so. Here we look at what you can do if you are concerned that your employer is not meeting their auto-enrolment responsibilities.
On this page we look at two of the most common issues that can affect low-income workers who contribute to a pension under auto-enrolment – varying pay and having more than one job.
If you are eligible for auto-enrolment and do not choose to opt out, there are certain contribution requirements that must be met. Here we look at how much needs to be paid into your pension under auto-enrolment, and how this might be split between you and your employer.
There are certain upper limits to the tax relief that can apply when you make pension contributions. You can usually get tax relief on contributions up to the higher of your UK relevant earnings or £3,600. However, there are further limits that operate in addition this. Here we look at these upper ...