Tax is deducted from your pension under the PAYE system. Initially tax is deducted at basic rate (BR). Once The Pensions Trust has received your personal Tax Code from the Inland Revenue, this will be used and adjustments made for any under or overpayment of tax, where necessary. Should you have any queries regarding you personal Tax Code please contact our Tax Office, (details below) quoting your National Insurance Number and our Tax Reference.
North East Metropolitan Area
Fountain Court
119 Grange Road
Middlesbrough
TS1 2AT
Tax Reference: 120/P42099
Telephone: 0845 302 1414
General information relating to tax issues can also be found at www.hmrc.gov.uk