Episode

Emergency Tax Codes Explained

Podcast
Leeds News Today | 2 Min News | The Daily News Now!
Published
Jun 15, 2026
Duration seconds
83
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Summary

If you’re pulling cash from your private pension, know this: up to 25% is tax-free, but the rest gets taxed at 20%, 40%, or 45% depending on your income bracket. HMRC sometimes uses a “cautious” tax code — a temporary fix that can lead to over or underpayment if your finances change. Check your code online or call HMRC’s helpline to avoid surprises — better to fix it now than later. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/3dd50c2898b0c5c7