Don't you just love it when

With your pension increase you now get less than last year. My tax number dropped to 79 from 117 so the tax increase swallows my increase in my private pension and more.

Can't wait till next week when my state pension arrives. I know, it could be worse some don't have a private pension but when you have paid in since the 70's it's annoying.......a bit

 

Our tax system is unfair on many levels, rather than rigid thresholds for tax rates there should be a sliding scale. Nobody should get a pay rise which actually makes them poorer, whether it's pensions or salary for working people, it's just plain daft.

I just got a pay rise on my BCSSS pension, the princely sum of £6 a year, been struggling to think how to spend it

 

Nobody is getting a pay rise that makes them poorer. That's not how tax works. For that to be the case, the marginal tax rate would have to he over 100%.

The amount from the private pension has gone down because that's the income that is being hit with tax, and it is taking into account the fact that state pension went up. Overall, the OP is not poorer as a result.

 

Buy me a pint at oakwell that should do it

 

I think the only example is if you have kids in nursery then a raise which takes you above £100k can indirectly make you substantially poorer due to loss of free childcare hours (albeit it's in your power to regain those free hours via pension contributions).

 

This ^^^^^^
If I can give an example. My Mrs did not pay tax cos her state pension and private pension was just below personal allowance. Her state pension has increased by around £32 per 4 weeks. (She doesn't get full) . Taking her over. She now gets £7pcm less from her private pension. Which is a fixed amount. (Not inflation linked, she took that option in her annuity)
Private/company pensions. Are informed and they collect the tax so to speak.

 

I’ve been stung by HMRC like everyone else in the pension bracket but I’m fortunate not to have to rely on the state pension only. How on earth people manage on just that is beyond me, with an increasing cost of living outstripping the puny “rise” awarded this year.