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  • Home
  • About Us
    • Our History
    • Our Approach
    • Our People
    • Our Charges
    • Our Offices
    • Our Privacy Notice
    • Vacancies
    • Regulatory Information
  • Client Services
    • PENSIONS & RETIREMENT PLANNING
    • INVESTMENT ADVICE
    • LATER LIFE PLANNING
    • LONG TERM CARE PLANNING
    • EQUITY RELEASE
    • FINANCIAL PROTECTION
  • Case Studies
  • News
    • News Feed
    • Our Blog
    • Newsletters & Magazines
    • Budget & Economic Reviews
  • Calculators
    • Regular Savings Calculator
    • Retirement Savings Calculator
    • Pension and Investment Drawdown Calculator
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Daily Archives: November 21, 2017

Retired households hand over £7,400 to the taxman

NewsBy Norfolk and SuffolkNovember 21, 2017

In further evidence that pensioners are seeing their incomes rise, those in retirement have seen their annual tax bill grow by 5.7% to an average £7,410 (2015-16 tax year)1. Nearly 30% of pensioner household income was taken up with paying the taxman, and this figure includes income tax, council tax, VAT, insurance premium tax and…

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