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Pension and Taxation

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  2. I'm taking my pension
  3. How your pension is taxed

You pay tax on your pension. If you need help with anything to do with tax, you can contact HMRC or Tax Help for Older People.

These organisations will be able to answer your questions better than the Scheme administrator. This is because the Scheme's team of administrators aren't tax experts. The Scheme also has no control over how much tax you pay. HMRC sets your tax code, not the Scheme.

You can get general information on how pensions are taxed from the government’s website.

Tax Help for Older People

Tax Help for Older People is a UK-based charity that offers free guidance and support on tax. They can also check if you're on the right tax code. 

To contact Tax Help for Older People call them on 0333 2075653. Or visit their website to see how they can help you.

HMRC 

HMRC can answer any tax-related questions. When contacting HMRC, you should state your National Insurance number and the Scheme PAYE reference. The MPS PAYE reference number is 083/MPS.

To call HMRC:

From the UK: 0300 200 3300 (Lines are open from 8am to 8pm Monday to Friday and from 8am to 4pm on Saturdays).

If you are calling from abroad: +44 135 535 9022

If you are hearing or speech impaired, there is a text phone service: 0300 200 3319 

Lines are open from 8am to 8pm Monday to Friday and from 8am to 4pm on Saturdays.

Write to HMRC at the below address:

HM Revenue & Customs
Pay as you Earn and Self-assessment
HM Revenue & Customs
BX9 1AS

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