Hope this information may be of use to people over the age of 65 or those coming up to 65. I recently read an article in the Daily mail reference Income Tax Allowances. Personal allowance is £5,225 for everyone under the age of 65 who are paying income tax. At the age of 65 your allowance goes up to £7,550. The tax man does not automatically adjust your allowance ,you need to fill in the appropriate form. I pointed the said article out to a friend whos 68 and still paying tax on his company pension ,on contacting his local tax office they raised his allowance and hes received £1,100 back for the tax hes overpaid for three years. So if your over 65 and still paying tax it could be worth your while contacting your local office , or like me coming up to it next year, keep it in mind. To find out more check this link http://www.hmrc.gov.uk/rates/it.htm Regards P.S. Apparently the tax man can claim back taxes over the last 20years, you can only claim overpaid tax for the previous 6 years. Funny how that works.