Marc Gander - The Consumer Survival Handbook


A 220 page introduction to all things consumer related by our own BankFodder.

Includes energy companies, mobile phone providers, retailers, banks, insurance companies,debt collection agencies, reclaim companies, secondhand car sellers, cowboy garages, cowboy builders and all the rest who put their own profits before you.

£6.99



Patricia Pearl - Small Claims Procedure - A Practical Guide


An excellent guide for the layperson in how to use the County Court - a must if you are intending to start a claim.

£19.99 + £1.50 (P&P)


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  1. #1

    Default Triviaity Payment

    Hi all,

    I'm a little bit confused, possibly an A.G.E. thing, and I can't seem to find any answers here, again, possibly an A.G.E thing

    I have a very small fund with an occupational pension, it will pay 54 P/A, or if I take a one of Small Triviality Payment the amount would be 1,448.05 less TAX of 217.20 making a total 1,230.85.

    I am Claiming Pension Credit of 740.00/4 weekly, and two other pensions one pays me 42.15/month the other 80.77/month.

    The are notes in the paperwork that refers to:-
    * Lifetime Allowance declaration
    * Percentage of standard lifetime allowance that the total benefit taken represents

    Also I don't have a big enough private income to attract inland revenue payments, even with the cash sum I could take, question will I still have to pay tax on the amount?

    any help would be very much appreciated

    Regards

    Ken


  2. #2

    Default Re: Triviaity Payment

    Hello there.

    I've moved your thread from the media subforum to the main pensions one for further advice.

    HB


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