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Posted Thu, 01 Feb 2024 15:49:53 GMT by
I received a new tax code which gives me a low free tax but also a pension income code, I do not receive a regular pension income only occasionally withdraw minimal amounts from personal pension. So being penalised on money I am not getting ???
Posted Tue, 06 Feb 2024 10:13:15 GMT by HMRC Admin 8
Hi,
It's possible that your some of your allowances have been allocated to cover the minimal amounts of personal pension you expect to withdraw.
In order for us to check this, and amend your tax code to what it should be, please contact us by webchat or phone via:
Income Tax: general enquiries
Thankyou.
 

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