PAYE/usc on pension

owm1

Registered User
Messages
9
I get full contributory pension as does my wife..
I also get two small work pensions.
One =e 328P/m. Usc e1.64 No paye
Two=e 158 P/m Usc. e 3.00 PAYE e 62.00

My question is do these figures seem correct..
Thanks.
 
Married couple, aged 65 or more, may be exempt from income tax if income is under 36k.



Gross income
2x SPC = (2)(52.18)(277.30) = 28,939
Work pension 1 = 12*328 = 3,936
Work pension 2 = 12*158 = 1,896

Gross income = 28,939 + 3,936 + 1,896 = 34,771


Your income tax should be zero.
 
Back
Top