needsabiggerfuse
Flight Sergeant
- 1,880
- 0
- 0
Can I just point out that for the past 2 tax years, my RAF Pension was taxed at 40% when I hit the higher tax rate at work and they used it to reclaim my tax underpayment.
That nice Mr Osborne will trim a bit more off from April '12 as well. If your 'Civvy pay + RAF pension > £42k' you'll lose your Child benefit.
http://www.bbc.co.uk/news/uk-politics-16539428