How much of my state pension will I have to pay ? I will keep working for a year or two.

[Johndg40]

I receive my state pension in February but will keep working for a year or two,how much of my state pension will I have to pay?

[size5]

You will only ever, on any debt solution, be asked to pay what you can realistically afford. Or not, as the case may be.

Without further details, it is pretty difficult to advise further.

Regards.

[Michael Peoples]

You could consider differing the pension if you are continuing to work. This would increase the income later and reduce your tax liabilties now.

[Sheila.pl]

The full amount of your pension will be added to your income. You will stop paying NI but you may also finish up paying slightly more income tax as usually your pension takes up your allowances. You would be better to defer your pension if possible.

[kallis3]

I agree that you should defer the pension if you can. You won't pay tax on the state pension but you will pay more tax on your earnings.

[size5]

If you are looking at an IVA specifically, don't be surprised if your creditors insist that you claim your pension as a condition of accepting the proposal at creditors meeting.

Regards.