Income tax - full-time job in addition to state pension

Income tax - full-time job in addition to state pension

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Petemate

Original Poster:

1,674 posts

197 months

Tuesday 2nd March 2010
quotequote all
Just about to write to Inland Revenue. I am of retirement age, drawing state pension and two small private ones (£330 & £34 monthly respectively) I went back into full-time work in Oct 2006 for a large Aviation company. My employment with the company ceased via redundancy on 15 Dec 2009; I then started with the company which took over one of the large contracts on 16 Dec. The HR lady in the present company contacted me after a week and asked if I realised I was on base rate tax - I told her I didn't know, but on checking the previous company had been deducting it for all of the three years. She has just advised, following my query today, that I am still on base rate - £538 tax on gross £1600 was painful... She has advised me to contact the tax peeps. She confirmed that I was drawing pension, but still thought it was a bit high. I have been advised to try and sort this before 01 April. Is it worth me writing? Or is this high tax normal considering the pension payments I am getting? I don't want to 1) get false hopes and/or 2) waste mine and everyone's time.

Eric Mc

122,685 posts

271 months

Tuesday 2nd March 2010
quotequote all
Organise the completion of some Self Assessment tax returns for the years in question. It may be a bit onerous but it might be worth the effort.

I deal with a number of pensioner clients and, even though their income levels aren't very high, their affairs can be a bit tricky because of the state pension and additional age related allowances.