Tax on pension

My annual pension is £18601.07. Am i right in saying the taxable amount on this is £6031.07?

Hi Vostromo,
The personal allowances for the current tax year 2024/2025 are £12570. If your only income is your pension of £18601.07 then the taxable amount you have quoted is correct on the tax code of 1257L.
The tax due for any particular year is all dependant on the tax code in operation.
You can view your tax code breakdown online on the personal tax account. Personal tax account: sign in or set up for information on tax rates and allowances please see: Income Tax rates and allowances for current and previous tax years.
Thank you.