1. Get the Diabetes Forum App for your phone - available on iOS and Android.
    Dismiss Notice
  2. Guest, we'd love to know what you think about the forum! Take the Diabetes Forum Survey 2022 »
    Dismiss Notice
  3. Diabetes Forum should not be used in an emergency and does not replace your healthcare professional relationship. Posts can be seen by the public.
    Dismiss Notice
Free Forum App Feedback Reminder
Dismiss Notice
Find support, ask questions and share your experiences. Join the community »

Working when retired

Discussion in 'Jobs and Employment' started by PatsyB, Jun 4, 2015.

  1. PatsyB

    PatsyB Type 2 · Well-Known Member

    Messages:
    2,781
    Likes Received:
    13,062
    Trophy Points:
    198
    Does anyone know how much one can earn before being taxed when retired ...been offered a couple of jobs but do not like the idea of paying tax :banghead:
     
    #1 PatsyB, Jun 4, 2015 at 12:29 PM
  2. lovinglife

    lovinglife Type 2 · Well-Known Member

    Messages:
    3,048
    Likes Received:
    2,589
    Trophy Points:
    198
    Depends on your age I think, plus you don't have to be working to pay tax it depends how much income you get in total, my dad pays tax and he's nearly 80 his small works pension takes him into the tax bracket, try looking at the yougov web site under tax ( sorry can't get link at the moment for you)
     
    #2 lovinglife, Jun 4, 2015 at 12:39 PM
  3. KateA

    KateA Type 2 · Well-Known Member

    Messages:
    271
    Likes Received:
    819
    Trophy Points:
    153
    #3 KateA, Jun 4, 2015 at 12:58 PM
  4. RobOwen

    RobOwen Type 2 · Well-Known Member

    Messages:
    198
    Likes Received:
    1,638
    Trophy Points:
    158
    If you are in receipt of any pension, if it takes you over the personal allowance threshold then anything extra earned by you will be taxed:
    Personal Allowance for people born after 5 April 1948: £10,600
     
    #4 RobOwen, Jun 4, 2015 at 1:12 PM
  5. copepod

    copepod Type 1 · Well-Known Member

    Messages:
    735
    Likes Received:
    364
    Trophy Points:
    103
    You don't pay National Insurance if older than state retirement age.
     
    #5 copepod, Jun 4, 2015 at 4:27 PM
  6. PatsyB

    PatsyB Type 2 · Well-Known Member

    Messages:
    2,781
    Likes Received:
    13,062
    Trophy Points:
    198
    thank you for the replies will check the link above out I have been offered a job but as I said I do not fancy working then having to pay tax :banghead:
     
    • Like Like x 2
    #6 PatsyB, Jun 5, 2015 at 7:23 AM
  7. Robinredbreast

    Robinredbreast Type 1 · Oracle

    Messages:
    18,447
    Likes Received:
    27,596
    Trophy Points:
    298
    Good luck, my dad worked into his 80's after he fully retired, part-time, so I doubt if he would of paid tax. I couldn't ask him now, as I'm afraid he wouldn't remember.
     
    #7 Robinredbreast, Jun 5, 2015 at 7:29 AM
(You must log in or sign up to post here.)
Style
Red
Language
English (UK)

  • Meet the Community

    Find support, connect with others, ask questions and share your experiences with people with diabetes, their carers and family.

    Did you know: 7 out of 10 people improve their understanding of diabetes within 6 months of being a Diabetes Forum member. Get the Diabetes Forum App and stay connected on iOS and Android

    Grab the app!

  • Tweet with us

  • Like us on Facebook