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Posted Thu, 30 Nov 2023 09:35:05 GMT by
Why has my tax code gone down now I receive a state pension and also work
Posted Wed, 06 Dec 2023 14:21:23 GMT by HMRC Admin 19
Hi,

Your state pension is taxable income and as tax cannot be deducted directly from it, it is put in your code against your employment income in order to collect the extra tax due.

Thank you.

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