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Old 23rd Mar 2023, 08:17
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mad_collie
 
Join Date: Nov 2006
Location: Lincs
Posts: 24
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Originally Posted by downsizer
Hello, one for those who have left in recent terms....

What is the best way to allocate ones tax free allowance against the service pension and my new civvy wage?

I've heard some people say put it against the SP as I will get that till death, but others say put it against the civvy wage?

Is there an advantage or reason to do one or the other, and how do I tell HMRC which to put the allowance against?

Thanks
Set mine up online mate, personally I prefer to pay the BR against my pension as it's a set amount no matter what circumstances are around the corner.

https://www.tax.service.gov.uk/check...income-summary
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