Re: Survive the winter and pensioners will get £200 a week in April
Originally Posted by xsnaggle
Don't bank on it.
My state pension went up this year and so did my occupational pension.
However because the tax threashold didn't alter my o0ccupational pension went down to compensate for my national pension rise.
Skoke and mirrors from Sunak
Originally Posted by The Bloop
I would guess that the state pension isn't taxed at source but the private one is, so in order to pay the additional tax on the state pension its now part of the deduction from the private.
Exactly this - a £40 increase per month on state pension would see an £8 reduction on a private pension (assuming you have over around £12,500 of income)