Ferret's Pension Emergency Tax  Reckoner   
      2020 - 2021
   
           
      Emergency Tax Code Deduction Value    
      This reckoner assumes 25% of the withdrawal meets tax free conditions      
      Amount taken from pension savings    
      Taxable pension sum    
      Emergency Month 1 Taxcode    
      Month 1 Taxable Income    
             
      Tax amount at each band Month 1 tax applicable    
      20.00%    
      40.00%    
      45.00%    
      Month 1 tax amount total    
      Initial sum received including tax free amount    
             
      © Ferret Information Systems 2020      
      Not valid for Scottish higher rate taxpayers or taxable savings income      
      HMRC Tax Refund Website      
             
      Ferret's systems including pensionForward