I am retiring and moving to the philippines , how much tax or stoppages will i have to pay from my company pen
my company pension from royal mail will be 11000 per yr is it best to pay nat ins at basic rate to keep my stamp being paid also i will be returning once a year for a month each time approx
Public Comments
- If you are under 65, then it is probably a good idea to continue to pay voluntary NIC's to make sure you get the maximum state pension when the time comes. You can contact HM Revenue and Customs to arrange this. On a pension of £11k, you would pay about £1k in tax.
