Deductions on weekly Pension

[dariuscork]

As part of a redundancy package my pension will be around 300 Euro per week, I am aged 57, what deductions will I have to pay from this? and when can I get the state pension. Help badly needed, thank you.

 

[wok20]

I think that you will not get any state pension until you are 66

 

[dariuscork]

Thank you but what deductions will I pay on weekly pension?

 

[wok20]

you may have to pay tax all depends on youre credits and you may have to pay universal social charges

 

[Deiseblue]

Your best option is to visit the Revenue website at www.revenue.ie where there is a wealth of information to assist you.

 

[Jim2007]

As part of a redundancy package my pension will be around 300 Euro per week, I am aged 57, what deductions will I have to pay from this? and when can I get the state pension. Help badly needed, thank you.

Well I can' t tell you anything about deductions, but I would suggest that you make sure you continue to contribute to the state pension scheme, otherwise you will have an 8 or 9 year gap.

Jim.

 

[LDFerguson]

You can check what deductions will be made by inputting your details into www.taxcalc.eu