Martin Lewis
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Appearances Over Time
Podcast Appearances
Adrian, I need your help!''
Adrian, thrilled, climbs onto a stack of screen wash and declares, Rhodes, where we're going, we don't need Rhodes.
The man says, of course we need Rhodes.
I just know you do that podcast with Martin and I've got a tax question.
Sorry, my throat.
From 2026.
Anyway, I've just retired, he says.
My pension is around £12,500 a year and my savings earn around £4,400 interest.
Back then, I didn't think to the future enough.
Do I pay income tax?
So Adrian, are you Marty McFly or Marty Muck, why me?
I want to know what's your answer.
A reminder again, with a £12,500 pension and £4,400 of savings interest, roughly how much tax is payable?
A, none, and it's all in the UK, of course.
B, 20% of £3,400, which is about £680.
Or C, 20% of £4,400, so £880.
What was B again?
20% of £3,400.
So you've got a £12,500 pension and £4,400 savings interest.
How much tax would you pay?