BUGGER
Should i reach 65 (unlikely event for those in the know) they will tax me on the total of my privat pension and my state pension as i thought
BUGGER
UK State Pension
UK State Pension
Pagey
you are of course quite correct in what you say. although it changes to 30 years in 2010 i think its a few years later that they up the age to 66. as you say if you have a private pension then your tax relief will be taken up with is.
that said why worry about it. i don't have a private pension. most of my money is in cash, in offshore banks. northern rock !!!!!!!!!!! why worry.???
mike
you are of course quite correct in what you say. although it changes to 30 years in 2010 i think its a few years later that they up the age to 66. as you say if you have a private pension then your tax relief will be taken up with is.
that said why worry about it. i don't have a private pension. most of my money is in cash, in offshore banks. northern rock !!!!!!!!!!! why worry.???
mike