I am married and will be 65 in October 2006. I will comfortably exceed the income-tax exemption limit of €34,000 due to my pension entitlements. Does this mean I will pay tax on all income above this amount? DILEMMA:
Am I entitled to personal allowances? My annual income will be €45,000 in retirement. What will my after-tax income be and can you show me how you calculate it?
Exemptions are available from income tax for persons over...
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