Hi all and thanks in advance for any advice you may be able to offer.
My wife retired from full time work in September 2017 and in this financial year became carer for one of my parents. She also has a part time job paying £6000pa.
My question is if she were to earn a further, for example £1000 or £2000, how much would she need to pay into a pension to avoid being taxed?
Also what documentation needs to be completed each year. Self assessment? How are the relevant authorities notified of the pension payments?
Also if you earn, for example £12k including the carers allowance, is NI payable on the carers allowance element.
Finally, and purely out of curiosity, what would happen in the following scenario;
A person earns £10k in the first month of the tax year and is then made redundant/fired/resigns and several months later applies to be a carer. Does the earlier payment prevent them from claiming the allowance or do payments made in the past not exclude them from claiming carers allowance.
Sorry for the long rambling post.