state pension merry go round

Financial adviser and retirement-planning specialist Brian Butcher explains the administrative burden created when the Department for Work and Pensions pays the State Pension gross before HMRC calculates and collects any income tax due. The image illustrates the circular process of paying pension income with one hand and taking tax back with the other.
Brian Butcher
2026-09-15T09:28:53+01:00
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Brian Butcher is a Director at Ideal Financial Management Ltd and has been giving financial advice for over 25 years. He is also the Author of ‘10 steps to Financial Success - how to get the best life you can with the money you’ve got’ Available on Amazon at https://www.amazon.co.uk/10-Steps-Financial-Success-money-ebook/dp/B00DQYD5LS