5 of the Best UK Filming Locations
Magical and memorable UK filming locations aren’t hard to come by. Our tiny nation is famous in the film industry for its incredible array of unique filming locations, ranging all..Read Article
Why can I claim a refund once I have drawn my pension?
When you reach the age of 55 and have been paying into a personal or private pension, you have the option to draw a lump sum from your pension pot. 25% of this will be tax-free, and you will have to pay income tax on 75% of the amount drawn. Now here is the thing, when you draw this money your pension provider will be paying this through the PAYE system. So, if you take a lump sum of £20,000, you'll pay tax as though you were earned a staggering £240,000 so it is highly likely that you have been overtaxed.
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