The Retirement Thread
175 watchers
Oct 2023
1:18pm, 3 Oct 2023
71,564 posts
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Lip Gloss
If I work at HQ I get 20 minutes for 5 hours. If I work at the branch I get nothing as can't leave the desk but get plenty of tea whilst sitting there.
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Oct 2023
2:46pm, 3 Oct 2023
47,471 posts
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EvilPixie
so by my calculations my half hours income will be just over tax threshold so >£7 a month to pay but when you take out my 6% pension contributions I will be below! I don't tend to take a break now apart from lunch (30 mins leave 30 mins earlier) but if I am working part time I will probably be more inclined to take a break! |
Oct 2023
4:14pm, 3 Oct 2023
36,858 posts
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Hills of Death (HOD)
5 hours is the most you can work consecutive without a break HSAWA 74
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Oct 2023
4:44pm, 3 Oct 2023
7,763 posts
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um
EP - the possibly mire important figure is the NI 'pension' threshold. Check if you'll earn enought to get a pension credit, whether or not you actually pay any NI. gov.uk |
Oct 2023
5:26pm, 3 Oct 2023
47,484 posts
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EvilPixie
Already paid up um 😁
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Oct 2023
6:16pm, 3 Oct 2023
1,184 posts
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Shades
You're very young Pix to be fully paid up. You must have started working at a very young age. Isn't it circa 35 years contributions for a full state pension. Good news on the part time hours being sorted. |
Oct 2023
6:31pm, 3 Oct 2023
47,485 posts
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EvilPixie
Well that's what the website says! My dad did something to claim the early years if I recall |
Oct 2023
6:33pm, 3 Oct 2023
47,486 posts
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EvilPixie
This was showing earlier in the year so didn't include the last tax year as it only goes up to 2022 |
Oct 2023
6:44pm, 3 Oct 2023
34,905 posts
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Ness
That's good news, Pix. I have one more years worth to pay. Will do that at the start of the new tax year April 2024.
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Oct 2023
6:48pm, 3 Oct 2023
1,185 posts
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Shades
Pix - well done your Dad. He must have thought you might like to retire early 🙂
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Useful Links
FE accepts no responsibility for external links. Or anything, really.- Money Helper
- How Much is Enough to Retire On?
- Retirement Living Standards
- How much will you need to retire?
- Free Govt website for pension advice
- SIPP pensions
- ISAs
- Check your National Insurance contributions
- Check your state pension account
- Martin Lewis on pensions
- Support and advice for those widowed under the age of 50
- Power of Attorney information
- Making the most of your retirement
- 20 tips for a happy retirement
- Married Couple's Allowance
- Aviva guide to retirement planning
- U3A
- U3A Local Sites - map
- Make a Power of Attorney
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