State Pension Tax Retirement Income Tax Tax Refunds Elderly Tax Issues Germany Fiscal Drag Elderly Tax Burden State Pension Withdrawal Strategies Simple Assessments Tax Thresholds Tax Implications Overpaid Tax Claims Tax Calculation Tax Calculation for Retirees Betriebsrentenbesteuerung Fiscal Policy State Pension Liabilities Pensioner Tax Strategies State Pension Taxation Rentenfreibetrag Salary Sacrifice Low-Income Pensioners Frozen Tax Thresholds Winter Fuel Payment Retirement Income Inheritance Tax Pensioners
The PAYE system often treats an initial flexible drawdown as monthly income, causing overpayments that retirees later reclaim.