Taxation on my state pension
May 9th 2016, 7:36 am
#1
Just Joined
Thread Starter
Joined: Aug 2015
Location: bedfordshire
Posts: 28
Taxation on my state pension
Hi everyone.
We has decided were going to retire to spain but now I am worried about Spanish taxation on my British state pension. Now thinking portugal may be a better option. Any advise welcome.
Chris
We has decided were going to retire to spain but now I am worried about Spanish taxation on my British state pension. Now thinking portugal may be a better option. Any advise welcome.
Chris
May 9th 2016, 8:18 am
#2
Joined: Jun 2006
Location: Granada Costa
Posts: 10,901
Re: Taxation on my state pension
It will depend on whether you have additional income on top of the UK state pension.
The allowances against tax may actually be higher than your state pension so you would pay no tax.
The allowances against tax may actually be higher than your state pension so you would pay no tax.
