PPRuNe Forums - View Single Post - Is the pension really worth it ??
View Single Post
Old 31st Jan 2005, 21:06
  #7 (permalink)  
engineer(retard)
 
Join Date: Jan 2005
Location: Racedo blows goats
Posts: 677
Likes: 0
Received 0 Likes on 0 Posts
Pension worth it?

The down side of starting a 2nd career at 38/16 is that any job that pays more than a paper round attracts 40% tax on your pension. Best watch that IR are joined up on your tax code, I know 2 people who recieved £6k+ tax bills last year.
engineer(retard) is offline