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Old 28th Apr 2012, 10:05
  #29 (permalink)  
UNCTUOUS
 
Join Date: Nov 1999
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Bit of a side issue, but....

Would anybody know whether a Service pension granted early on the grounds of invalidity in service (i.e. disability due wounds/injury) is taxable (or not)?

Just got a chitty from Pension Paymaster indicating that tax deductions had been hiked to 27.5%. Hadn't paid much attention to this before - or received any similar notices. Is this just some sort of abstract clawback?

I'm aware that HM Revenue often attributes a higher tax coding (putative and puntworthy) on the basis that if the tax-payer doesn't query it, everybody's apparently happy with their status quo. End result is a pension decrease of course, and that's why I noticed it.

I know, I'm slack and a natural victim of bureaucracy. Comes from years of wifely brow-beating.
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