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  • Salary and Pension drawdown

    I have 2 tax codes one for my main income from work and one for a pension pot I drawdown from, am I correct in that the drawdown will be taxed and treated separately and will not affect my tax code on my main income I have the 1257L code for my salary and BR for the pension pot. The main reason for querying this is that in the last tax year although the drawdowns were taxed at BR my tax code for my salary was reduced. It is only a very small pension pot and I only drawdown around £2000 for the year.