What can a married couple earn subject to 20% tax in the following scenario:
Spouse 1 (works age 61) earns 36,500
Spouse 2 retired (age 59) invalidity pension 10,842
" HSE pension 10,000
Spouse 2 also has a private occupational pension which can be be drawn down. How much in money terms can be drawn down from the pension this year in order not to exceed the threshold before higher rate tax applies ?