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Old 14th March 2019, 17:03   #181 (permalink)
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Re: Boris

Quote:
Originally Posted by IbrahimAbi View Post
We do not have an X here in Turkey
Plenty of boxes I hear, shoe boxes ?

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Old 14th March 2019, 17:18   #182 (permalink)
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Re: Boris

Not mentioning a pension in a tax return is a bit suspect.

https://www.telegraph.co.uk/news/201...on-tax-return/

I would still not label Corbyn scum though.
bickern #173


It's quite difficult to get pension tax wrong, because the tax office automatically deducts the value of your state pension from your personal allowance which reduces your tax code and the amount that is paid tax free.
This tax code is applied for by the pension administrator when they get your application for the pension,and applied to your pension income.
If you have more than one pension in payment in addition to the state pension usually the administrators of the higher pension are given a code that will include collecting tax on the other pension.

Example: State pension £6k pa. Personal allowance 2019/20 for tax free income is £12k. Deduct the state pension leaving £6k taxfree. This is usually shown as a tax code 60.
If the total of other pension income is more than the example £6k, income tax will be collected in line with the tax code provided by the tax office.
If the total pension income is still less than £12k no tax is due because up to £12k is exempt this year.

Surely these people employ an accountant.
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