Originally Posted by
teeteringhead
Personal allowance is £10.6k, after that the first £5k is taxed @ 10%, so if your other pension is about £9 or 10k, then you'll be taxed @ 10% on the rest - which is about your £50 a month! Simples.
Teeters is a bit out on the tax rate.
Basic rate 20% - £0 to £31,785 - People with the standard Personal Allowance start paying this rate on income over £10,600
Add your annual state pension to the annual military pension, deduct the 10600 and see what 20% of the remaining figure is. If it's £50 (ish) there's the answer
