Deducting more at source

April 21, 2017

Hit with a tax bill? Did you know you can pay a little extra tax each month to ensure you break even or get a refund instead?

Increase the amount of tax we’re deducting from your pension with these five quick steps:

  1. Sign in to your online account

  2. Click the “My Pension” tab

  3. Select “Pension Payments”

  4. Click “Increase tax”

  5. Enter the additional amount of tax you would like deducted.

You’ll see a note that the additional tax is pending, and it will be applied to your next pension payment.