How much can you earn a week before it affects your state pension

Question

How much can you earn a week before it affects your state pension

Answer 1

£25  and less than 16 hours with less than £16,000 in the bank.

To be sure check with your local DSS DWP

Answer 2

Earnings will only affect your tax not your State Pension, you are allowed to work and eran while getting a State Pension. Both your yearly income and State Pension will be added together to work out your earnings for income tax purposes so as soon as you are over the personal allowance (9030) for someone aged 65 -74 up to an earning limit of 21,800 pa. you will pay tax at 20 percent  for any earnings over that. If you earn more than 21,800 your tax code is adjusted at a rate of 1 pound for every 2 above 21,800

Answer 3

The current tax-free allowances for Pensioners are as follows: Under 65:  ÃƒÂ‚£5,435 per annum; between 65 - 74: £9,030, rising to £9,180 at 75 or over.  How much you can earn before tax will depend on how much you receive in the form of unearned income, eg., State Pension, Private Pension, most bank or building society interest, plus any other unearned income (rent on owned property, etc).  Set the income against the allowance and the amount left (if any) will indicate how much allowance you have left and therefore how much you can earn without paying tax.  Visit the site below for further information regarding what is classed as taxable and non-taxable income.

Answer 4

Well I did a voluntary job for the Hospitals, just taking people to Hospital when they were unable to get on a bus. I did that for about three years and guess what the Tax people sent me a demand note for quite a big amount. I never charged anyone, and the Hospitals were very pleased with this arrangements, as it relieved the Ambulance Service so they could do all the serious jobs.All we got was money for the mileage we did, but that did not please the Inland Revenue, as they wanted their pound of flesh. So of course we all got finished as all of that would give their Office staff more and more silly work. We were only helping out, and lots of the Patients   loved it but what people love in this Country does not matter to this Government, as money is what they want from you... downright greedy lot.!  

Answer 5

You get it regardless of earnings, a wage will have no affect on your pension. It may mean that you use up your personal allowance for income tax quicker and will have to pay tax through your wage, but you don't loose your pension income.