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:
Sign in to your online account
Click the “My Pension” tab
Select “Pension Payments”
Click “Increase tax”
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.