Charles Charles

Re the use of the Starter Rate for Savings, I'm not sure what counts as 'income from pension' - is this only 'taxable' pension income?... I have no employment income and no pensions currently paying out - can I do the following without being liable for savings interest... I have a £60,000 DC pension pot. I'd like to draw £15,000 (the tax-free part) then another £11,670 (taxable). I will also have £6,900 savings interest. I think this means that the £15,000 is ignored for the purposes of these calculations and the £11,670 plus the £6,900 i.e. £18,570 is covered by ... £12570 personal allowance, £5000 starter rate for savings and £1000 personal tax allowance, meaning no tax is due - is my interpretation correct? Many thanks!