Which? Advice No advertising, no bias, no hidden agenda
Later in life

Tax when you're older

  • Your tax payments change as you get older – find out how
  • Married couples allowance and age allowance explained
  • How much tax you'll pay on your retirement income

What's in this guide

How pensions are taxed

Depending on where your income comes from it may get treated differently for tax purposes

Other incomes

How tax is applied to the alternative incomes you receive

Higher tax allowances

There’s some good news about getting older – you should start to pay less tax

Reducing your exposure

There are a number of ways to save tax without having to reduce your income