Employment / Part-time Income

Summary

• Use this for income from work during or after retirement — part-time consulting, freelancing, or a phased wind-down.
• Taxed as normal earnings, including employee National Insurance.
• An ongoing pension contribution set here only adjusts net income — it doesn't add contributions to an account.

Entering employment or part-time income

For income from work during or after retirement — part-time consulting, freelancing, or a phased wind-down. Enter the gross annual amount and set start/end ages for the working period. It's taxed as normal earnings, including employee National Insurance (8% between £12,570 and £50,270, 2% above).

Still paying into a pension out of this income? Set the Ongoing Pension Contribution % and how it's taken — net pay, salary sacrifice, or relief at source — since each affects tax and NI differently. This only adjusts your net income figure; it doesn't add contributions to any account, so a DC pot's own contributions still need setting up separately under Accounts & Portfolios.

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