Ian Watt
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RE: Tax on state pension and work pensions in the first year of retirement
Hi I am due to retire on 31st of January and at present I have 2 company pensions a private pension and will be getting my state pension in January. With these and my pay from my employer my 3 pensions are being taxed at 42%. My last company pay is on 30th January, my question is in Febuary will my tax rates for my 3 pensions resort back to 21% and my new pension be taxed at 21%