Income tax in retirement
-
Lump sum payments in compensation for loss of employment are subject to tax. How is tax calculated and what are your entitlements? -
There are some tax reliefs specifically for people aged over 65. This page also gives an overview of other tax reliefs that may be relevant.This document is in: Income tax credits and reliefs -
Find out which social welfare payments are taxable, and which payments are not.This document is in: Claiming a social welfare payment