Brits warned working past state pension age could have major tax bill | Personal Finance | Finance
Individuals in the UK who have reached 66 could be entitled to claim their state pension even while they continue to work. However, it’s not without its complex side notes.
There are crucial factors to consider, such as cutting National Insurance contributions, the possibility of higher income tax, and making a choice about whether to delay taking the state pension, as fresh guidance from the DWP laid out.
Driven by a successful Age UK campaign, in 2011 the obligatory Default Retirement Age…