The Retirement Newsletter: How to pay less tax in the UK?

Issue Number: -117 — A ‘trick’ everyone can use to pay less tax in the UK

Photo by Michael Longmire on Unsplash

Welcome

Welcome to issue -117 — I still have 117 weeks to go until I retire — after the last week at work, I may make it less!

This week, I will be replying to an email that asked how to work out the gross income required for a net pension if you’re over 67 in the UK.

I will also look at how the recent National Insurance increase in the UK will impact pensions.

Plus, a bit on health.

Health

As we saw last week — Issue Number: -118 — What is it like to be newly retired? — a couple of my friends said they had noticed a few ‘health niggles’ since they had retired. And I have a couple of ‘niggles’, so I went to get them checked out (usually, I wouldn’t bother).

I made an appointment, and I went to see the doc. The next thing I knew, I was having my chest X-rayed and an appointment for some blood work.

If you haven’t been to the doc in a while, it might be a good time to get things checked out. And, while you are at the docs, get a flu shot and, if you haven’t already, a COVID-19 jab.